IKEA-linked firm buys 1118 hectares at Gore for forestry

International

Marion van Dijk/StuffSubsidiaries of Ingka Group, the largest worldwide franchisee of IKEA stores, have Government-approval to purchase 1118 hectares of farm land at Waimumu, near Gore, for foresty. [File photo]A southern councillor says selling farm land to overseas companies for forestry is short-term gain for long-term pain. Subsidiaries of Ingka Group, the largest worldwide franchisee…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Hammond Lumber acquires Brock’s Building Materials
Oil trending higher, stocks edging up, gas prices lower for 12th-straight day, crypto choppy
President appoints Hugh C.A Brown as Executive Director of Forest Services Division
Governor Newsom Announces Appointments 6.28.22
Kempsville Building Materials expands in Richmond