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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
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Press Release: New Zealand Government, 23 December 2005.

 Anderton welcomes pan-industry body- Woodco

The formation of Woodco, the Wood Council of New Zealand, is a very positive development according to Forestry Minister Jim Anderton.
"I congratulate the forestry industry on the establishment of their new pan-industry grouping 'Woodco'. By coordinating, cooperating and sharing new ideas the industry will be better able to take a strategic approach to the industry's development into the future.
"This will further enhance the work industry and government are doing together as part of the Forest Industry Development Agenda. The five key work areas under the FIDA are market development; market access; education & training; bio-energy; and excellence in wood engineering design.
"I look forward to working with Woodco on lifting the performance and value of our forestry industry," Jim Anderton said.
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Formation of important new pan-industry forestry body widely welcomed

WELLINGTON, 23 December, 2005: The formal establishment this week of a new single pan-industry body for forestry has been welcomed by industry and government leaders as a vital step forward for the entire forestry sector.
Woodco, the Wood Council of New Zealand, is an "association of associations", whose formation has been on the agenda of sector leaders for more than a year. It will provide all forestry operators with a single voice for the first time.
At its inaugural meeting in Auckland this week (Monday, December 19), Woodco elected Council members representing major forestry sector organisations, and appointed Tony Johnston, a leading forestry executive with national management and international marketing experience, as its Executive Chair.
"This is an important first step in building a stronger sector," said Council member Lees Seymour who is also on the Executive Council of the Forest Owners Association and Managing Director of Weyerhaeuser NZ Incorporated.
"Woodco brings new unity on common issues and in areas of shared market opportunity. It also provides a single point of contact with the Government, who we look forward to working with closely through the Forest Industry Development Agenda process which will be a key to further development in the sector.
"We are also extremely fortunate in having as our first Executive Chair someone who has a very strong track record in applying strategic thinking to sector issues and pioneering new markets."
Members of the Council Board are: Peter Berg, Phil Langston and Lees Seymour (of the Forest Owners Association); David Anderson, Peter Springford and Marty Verry (Wood Processors Association); Mike Halliday (Farm Forestry Association); John Stulen (Forest Industry Contractors Association), and Owen Griffiths (Pine Manufacturers Association).
Their organisations represent the bulk of New Zealand forestry operators. The Wood Processors Association of New Zealand (WPA) was itself formed recently as part of a process of enabling the creation of Woodco. It announced the appointment of its first CEO last week, Peter Bodeker, who took up this position after being the inaugural Chief Executive Officer of Dairy InSight.
David Anderson, chairman of the WPA and Managing Director of Winstone Pulp International (WPI), said the industry was bringing together a whole new package of improved representation and welcomed the formation of Woodco as creating a powerful new voice for the sector.
"We look forward to now being able to work much more effectively for all our members - and for the New Zealand economy to which forestry is a huge contributor," he said.
Tony Johnston is Principal of Mainsail Services Ltd, a consultancy. He was formerly CEO of the Thames Group and Thames Timber, and, among other executive roles was a General Manager for Fletcher Challenge Forests Ltd, responsible for production and distribution operations in the United States, New Zealand and Chile.
He said Woodco would complete its incorporation process in the new year. He will take up his new role, operating from the Association’s Wellington office immediately.
Note to Editors: Minister of Forestry the Hon Jim Anderton also welcomed the establishment of Woodco in a separate statement released by his office today. Please contact Joy Gribben 04 471 9172 or 027 407 6719 for details.

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Inquiries
Robert Mannion
Mannion Associates
09 369 5692; 027 231 0301

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