Scott Technologies, Robotic JV win $11M Australian meat processing contract

Monday 24th September 2012

Scott Technologies and Robotic Technologies have won a contract to provide lamb deboning room automation for two Australian meat processes, valued at $11 million.

Meat processing companies the Australian Lamb Company and JBS Australia will buy the technology, supported by Meat and Livestock Australia and the Australian Meat Processor Corporation.

The project is expected to generate about $11 million in sales to Scott Technology and will be installed and operational before the end of the year.

Scott Technologies is a Dunedin-based maker of meat and food manufacturing systems and owns 50 percent of Robotic Technologies.

Meat company Silver Fern Farms owns the other half. Shares in Scott Technologies are unchanged on $1.89 and have gained about 23 percent this year.

BusinessDesk.co.nz

Comments from our readers

No comments yet