The nabbing of a few big contracts has put some wind in the sails of PMP New Zealand, which has announced the future-proofing of its New Zealand operations with a $19.5 million investment in new plant and equipment and a new print and distribution facility.
The announcement comes on the back of a number of key wins, including landing a ten year gloss printing contract with APN New Zealand (which announced the closure of its Ellerslie printing operation with the loss of 150 jobs last month), retaining 100 percent of the Progressive Enterprises business and securing an agreement to extend PMP’s contract with Fairfax through to 2015.
Peter Browne, PMP NZ's executive general manager, says the wins give the company a solid foundation upon which to progress its investment plans.
“We have been working towards this for some time," he says. "Now, we have certainty around our print volumes for years to come, we can confidently invest in the future ... PMP is uniquely placed in the market to offer a portfolio of services under one business entity. It is an exciting step for the business and a vote of confidence for our business in New Zealand, reinforcing the Group’s long-term commitment to this market.”
PMP’s operations and head office facilities will also be consolidated in the North Island.
“PMP New Zealand currently operates in five locations in the greater Auckland region. We will consolidate these to two, in the form of a new print and distribution facility and the existing sheet fed site, which will remain unchanged,” he says.