“Australian wool growers will also benefit from this investment because it will enable AWTA to reduce the unit costs of any new technology. In the longer term there are obvious advantages to both companies in reducing other operating overheads.”
“Our clear view is that this structure will best serve the ongoing needs of the New Zealand and Australian wool industries”, said Mr Jackson.
Wool Equities is a technology investment company, with shareholdings in a diverse range of companies, focusing in the bio-tech sector and commercialisation of technologies derived from pastoral sector research.
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