The Tatua Co-operative Dairy Company Ltd, trading as Tatua, is an 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 rural locality of Tatuanui, approximately 8 kilometres east of Morrinsville. The co-operative is owned by 101 shareholder farms, all located within a 12 kilometre radius of the processing factory.[1]
 | |
| Company type | Cooperative |
|---|---|
| Industry | Food Manufacturing, Dairy |
| Founded | 1914 |
| Headquarters | Tatuanui, Morrinsville , |
| Products | Specialised dairy ingredients and dairy foods including, nutritional ingredients, flavours, bionutrients, consumer and foodservice dairy products and bulk ingredients. |
| Revenue | NZ$535 million |
| Members | 101 shareholder farms |
Number of employees | 400 |
| Website | tatua.com |
Independence
editThe 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. 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.[2]
Performance
editTatua often records the highest payout for milksolids to the farmer shareholders in New Zealand.[3] 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.[4]
See also
editOrganisational Memberships
edit- New Zealand Co-operatives Association (Inc) https://nz.coop/
- Dairy Companies Association of New Zealand (DCANZ) https://dcanz.com/
References
edit- ^ "Specialised Dairy Ingredients & Foods Leader". Tatua. Retrieved 17 September 2018.
- ^ "Tatua's payout forecast at $7.50". Waikato Times. 25 April 2008. Retrieved 13 October 2010.
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 5 February 2009. Retrieved 9 October 2010.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ "Tatua payout highlights benefits of adding value - Tatua Co-operative Dairy Company Ltd". The New Zealand Herald. 27 July 2006. Retrieved 13 October 2010.