By Aimee McClinchy
Friday 23rd June 2000 |
Text too small? |
Trimble Navigation New Zealand's managing director, Alan Townsend, told a Future Sectors conference this week his $US1.1 billion parent company was looking to base more of its R&D at the Christchurch arm and in a new facility in Colorado.
Product development, staff and property costs were half those in Silicon Valley and there was a "comparatively easier employee environment" with higher staff retention rates, he said.
The local arm, bought by Trimble in 1991, is already its key research arm in global positioning systems (GPS). It built an automated satellite- guided system for bulldozers in a joint venture with Caterpillar. Trimble has aligned with US wireless company Brience and bought Spectra Precision, a surveying, construction and agricultural laser company.
This purchase would double Trimble's worldwide staff, meaning more work for the Christchurch staff integrating GPS with lasers, and would open up opportunities for locals to be transferred overseas. Trimble was an example of the opportunities for the country in exporting our R&D, Mr Townsend said.
"We need to promote New Zealand's advantages; Trimble [the parent] is moving where the people are."
This week's Auckland-based Future Sectors conference was organised by both the Ministry and Foundation for Research, Science & Technology and the Manufacturers Federation to identify industry sectors for the country's growth.
Genesis managing director Jim Watson and Research, Science & Technology Minister Pete Hodgson identified primary production fields and biotechnology, especially marine biotechnology and the mapping of the human genome, as key areas.
No comments yet
WCO - Acquisition of Civic Waste, Convertible Note & SPP
ATM - FY25 revenue guidance and dividend policy
November 22th Morning Report
General Capital Announces Another Profit Record
Infratil Considers Infrastructure Bond Offer
Argosy FY25 Interim Result
Meridian Energy monthly operating report for October 2024
Du Val failure offers fresh lessons, but will they be heeded in the long term?
November 19th Morning Report
ATM - Appointment of new independent NED