Tatua Dairy Company
| Cooperative | |
| Industry | Manufacturing, retail |
| Founded | 1914 |
| Headquarters | Tatuanui, Morrinsville, New Zealand |
| Products | Dairy products, bionutrients, food ingredients |
| Revenue | NZ$204 million[1] (2009) |
| Members | 112 |
Number of employees | 15,600 approx |
| Website |
www |
Tatua Co-operative Dairy Company, trading as Tatua, is a small independent co-operative dairy company in the Matamata-Piako District of the Waikato Region, in the North Island of New Zealand. It is located in the small rural locality of Tatuanui, approximately 8 kilometres east of Morrinsville. The co-operative is owned by 112 farmer shareholders, all within a 12 kilometre radius of the processing factory.[2]
Independence
The co-operative has maintained a strong independent history within the New Zealand dairy industry. In the 2001 mega-merger for the New Zealand dairy industry - which formed Fonterra - Tatua shareholders decided to remain independent (along with Westland Milk Products). Given that New Zealand had over 500 dairy co-operatives in the 1930s, Tatua is unique in that it is the only New Zealand dairy co-operative remaining that has never been part of any merger throughout its history.[3]
Performance
Despite being the smallest dairy company in New Zealand, Tatua often records the highest payout for milksolids to the farmer shareholders.[4] This level of performance has been seen as a strong factor in Tatua remaining independent. While the high level of payout is partly due to a small catchment area (which reduces processing costs), the excellent financial performance of Tatua is increasingly attributed to focusing on value-added milk products rather than traditional, mass-produced, commodity-based milk products such as milk powder, butter and cheese.[5]
See also
Organisational Memberships
- New Zealand Co-operatives Association (Inc)
References
- ↑ http://www.tatua.com/files/large/803/Tatua%20Annual%20Report%20Oct09.pdf
- ↑ http://www.tatua.com/home/Tatua-Corporate
- ↑ "Tatua's payout forecast at $7.50". Waikato Times. 25 April 2008. Retrieved 13 October 2010.
- ↑ http://www.agri-fax.co.nz/pdf/The_Dairy_Report_Oct_07.pdf
- ↑ "Tatua payout highlights benefits of adding value - Tatua Co-operative Dairy Company Ltd". The New Zealand Herald. 27 July 2006. Retrieved 13 October 2010.