Defying some of the challenging publicity of the past few weeks, New Zealand’s largest company, Fonterra, was named Investor of the Year and the Supreme Winner at last month’s AmCham-UPS Success & Innovation Awards.
Fonterra’s win recognises the significance of their US$2.5 million investment in relocating their US headquarters to Chicago, moving closer to key customers, suppliers and dairy research centres as well as the expansion of their capabilities across the US.
Fonterra, as Investor of the Year, beat out strong competition from Endace Ltd, winner of the Exporter of the Year over $5M, Wellington Drive Technologies, Exporter of the Year $500K - $5M, Thereon Holdings Ltd, Exporter of the Year under $500K, and Importer of the Year, Tidd Ross Todd.
The AmCham-UPS Awards, staged in conjunction with Air New Zealand, celebrate success and innovation in the import, export and investment sectors between New Zealand and its second largest trading partners, the US.
In attendance at the awards was US Ambassador to New Zealand, William P. McCormick who presented the Importer of the Year Award, along with the Minister of Economic Development, Hon. Pete Hodgson, who presented the exporter categories.
