2018 - The Profit

Simon Hendery

Finding a niche in a large global market

Global and national interest in hemp seed products may be growing but when Kanapu launched into the market, its founders knew they needed to establish a unique selling proposition to ensure success. At that point, the market was focused on hemp seed oil as a nutraceutical and it was commonly found on the shelves of health stores, particularly in pill...

Mastering the plumbing business

Tim had been working as a contractor in Hawke’s Bay before making the decision to move to Port Headland, travelling around the Pilbara in Western Australia, setting up massive infrastructure for satellite mining camps – housing developments for between 2 to 5 thousand people. The money was amazing and the driving eye-opening. “I covered some huge km’s, often driving 5-6...

Growing a market for hemp foods

Having to ramp up your target production because product demand significantly exceeds initial forecasts is one of those business headaches it can be nice to have. It’s the situation Isaac Beach and Simon White of Otane-based Kanapu Hemp Foods found themselves in this year. Kanapu has been growing hemp on Otane’s Ludlow Estate, Simon’s family’s farm, and the cold-pressed hemp...

Hawke’s Bay Breeding Brilliant Youth in Business

A team from Woodford House has won this year’s Young Enterprise Scheme for their product – an environmentally friendly fruit label. Sarah Wixon, Rylie Bensemann, Zoe Rookes and Maggie Peacock featured in the previous issue of The Profit and took out the top award for their water soluable sticker that aims to reduce waste and encourage consumers to wash their...

Hawke’s Bay Airport sets date for stage 1 opening

The first stage of the $20.2 million Hawke’s Bay Airport expansion will be ready to welcome passengers to the region on January 15. Hawke’s Bay Airport chief executive Stuart Ainslie said the finishing touches are being made to the new arrivals hall which will include the airport’s first automated baggage system that will have the capacity of 2.5 million bags/annum....

User experience spurs buying the business

Just like Victor Kiam of Remington Razors fame, Ray Burr and Donna Campbell liked the product so much they bought the company. Ray and Donna were dairy farmers from Aria in the King Country who, like many other farmers across New Zealand, relied on using urea to increase productivity. They started out with 360 cows, which over time grew to...

Airports expansion set to take flight

A new passenger arrivals area at the Hawke’s Bay Airport will open in early December, drawing a close to stage 1 of the $20.2 million airport expansion. The expansion project was upgraded by $4.5m earlier this year due to forecasted passenger numbers being higher than first thought. The latest passenger growth figures now foresee one million passengers by 2025. The...

Irongate takes shape as industrial hub

Hastings District Council recently signed off a newly created industrial zone south of Hastings as well as negotiating with property owners a palatable development contribution rate, that has enabled construction progress. Long term property owner John Roil was a key figure in the negotiations and has recommenced construction on two sites and welcomed a couple of new tenants. John’s son...

Opera Precinct humming along

In August 2019 the first of three stages of the Hawke’s Bay Opera House Complex will reopen to the public, after it was closed in 2014 due to earthquake risk. The estimated $30m Hastings District Council Project is part of a major overhaul of the Hastings CBD and could well be the catalyst for additional developments including a hotel. Hastings...

Commercial developments in excess of $600 million boost our economy

Across Hawke’s Bay there’s a wave of large-scale commercial development that’s having a major impact on our economy. It’s estimated that there is more than $600 million worth of construction projects that are either currently underway or soon to commence. We’ve tried to provide as comprehensive a list of ‘just completed, under construction and proposed large-scale projects’ to paint the...