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About Tenco
Tenco is one of New Zealand’s largest exporters of forest products. We have built to this position since 1991 when the company was set up to export lumber to growing Asian export markets.  Experience and reputation count; from small beginnings Tenco has become the largest independent exporter of New Zealand lumber and New Zealand’s 4th largest log exporter.  Tenco has a regular shipping program of their own log vessels and in combination with these and other ships currently calls  at 7 New Zealand ports (5 North Island and 2 South Island).
 
Tenco buys standing forests.  Tenco currently has a number of forests which they purchased at harvestable age to log over a number of years for export and domestic markets.  Tenco also regularly buys smaller tracts of forest to harvest immediately or immature forests to hold until harvest time.  Tenco is interested in broadening  the  base of owners from whom it purchases forests and stands of trees.  A deal with Tenco is a certain transaction.  The owner and Tenco will agree on a value of the tree crop and then Tenco will pay this amount to the owner either in a lump sum amount or on rate per volume unit out-turn from the forest depending on the nature of the tree crop.
 
Tenco knows there are a lot of farmers who have trees that are close or ready to harvest and will be asking themselves how they should proceed with the sale of their trees.  For some farmers the kind of certain transaction with money in the bank could well be appealing. Tenco is actively interested in buying harvestable forests or trees from areas including all the North Island (except the Gisborne and East Coast districts) and Nelson & Marlborough in the South Island .
 
If you own a forest in this area (16 years and older) and are ready to enter into this kind of agreement Tenco is interested to develop something with you.
Please contact: Josh.Bannan@tenco.co.nz 
Work: +64 7 357 5356  Mobile:  +64 21 921 595  www.tenco.co.nz
Logging

Forest Growers Levy Trust MEDIA RELEASE, 28 October 2015.

 Steve Wilton re-elected to Forest Levy board

Steve Wilton has been re-elected to the Forest Growers Levy Trust board as a representative of growers of small plantation forests.

He was challenged by Guy Farman who, like Mr Wilton, is based in the Wairarapa. Two hundred and five valid votes were cast in the on-line election which was conducted by Research NZ on behalf of the Trust. The result was: Steve Wilton, 158 votes; Guy Farman, 47 votes. 

Trust chair Geoff Thompson, congratulated Mr Wilton on his success and thanked Mr Farman for putting his name forward.

Mr Thompson says votes in the election were audited by Research NZ, to ensure that those who voted were eligible to do so. Two votes cast by individuals who did not have the required minimum area of forest were disallowed.

“We have what we believe to be a rigorous process for ensuring the integrity of on-line voting,” he says. “On-line elections are more cost-effective and for most voters more convenient than traditional paper-based voting.”

This was the first board election since a commodity levy was applied to harvested plantation logs in January 2014. Three of the six elected board members stepped down this year after only one year in office – two representing owners of larger forests and one representing owners of smaller forests. All three stood for re-election. The two large forest candidates were declared re-elected as they were the only candidates in their category.

In the future board elections will be held every second year when three members will step down after a four-year term.

Mr Wilton now rejoins Ian Jackson on the trust as a representative of owners of forests of between 4 and 1000 hectares. The representatives of owners of forests larger than 1000 hectares are David Balfour, Bill McCallum, Paul Nicholls and Phil Taylor. The Trust chair is an independent, appointed by the elected board members.

For more information about the activities of the Trust and the official report on the election, visit www.fglt.org.nz.

[ends]

For more information, contact Geoff Thompson, Tel 027 445 3455

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Trevor Walton
FGLT communications
Tel 021 381 465

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