Waikato regional economic profile - Waikato Regional Council

Figure 34: Location quotient and employees –manufacturing in HamiltonFigure 33: Location quotient andemployees – manufacturingNew Zealand high value manufacturing exports in 2011 included $2.3 billion ofmachinery and equipment and $1.3 billion of aluminium. 75A review of the high value manufacturing and services sector was undertaken in 2011by an independent panel to see how research organisations can better supportbusinesses in the sector. The panel report highlights a number of areas where NewZealand can lift its game including: increasing the connections between research organisations and businesses changing the innovation culture to promote greater commercialisation of newideas developing capability and skills to bridge the gap between research andbusiness, and focusing government R&D investment to build scale in key sub-sectors of thehigh-value manufacturing and services sector. 763.3.5 Forestry and logging and wood and paper manufacturing 77527,400 hectares of plantation forests (30.1 per cent of the national total) are located inthe central North Island wood supply region, which encompasses most of the Waikatoand Bay of Plenty regions. 78 This figure excludes the Coromandel Peninsula, which isalso in the Waikato region. At least 20,000 hectares of plantation forests are locatedthere also. Almost 3.8 million cubic metres of exotic timber was harvested in theWaikato region in 2011, approximately 15.7 per cent of New Zealand’s total, accordingto the Statistics New Zealand Agricultural Production Census. This was the secondhighestquantity behind the Bay of Plenty region, which harvested more than 5.8 millioncubic metres (24.3 per cent of the national total).75Beef and Lamb New Zealand Inc (2012, p. 20).76Ministry of Science and Innovation (2011b) High value manufacturing review.77Forestry and related manufacturing include ANZSIC codes A03, C14 and C15.78New Zealand Forest Owners Association Inc (2011, p7).Doc # 2069885 Page 33