Seeka announces capacity expansion for 2022

4 June 2021

Seeka announces capacity expansion for 2022, and delays decision on Pukenga development.

Seeka Limited [NZX:SEK] announces that it will build and commission a new kiwifruit MAF RODA
packing machine in the KKP packhouse situated at Maketu Corner Te Puke, replacing an existing 25
year old 10 lane machine a new 8 lane machine including camera grading and packing automation.
The Company expects the MAF RODA to deliver significant production efficiencies and a
commensurate increase in total trays packed. Minimal modifications will be made to the KKP
building other than the construction of additional curing canopy. The project is expected to be
commissioned in time for the 2022 harvest.
An additional 650,000 static trays of cool storage will be constructed at the adjacent Transcool site
by demolishing a smaller old cool store. The new store includes additional pre-cooling capacity to
handle the increased production and will be a high efficiency store with 5 high pallet racking, high air
movement and automation.
Seeka Chief Executive, Michael Franks, in announcing the investment outlined that the project is
expected to meet increasing and committed fruit volumes and provide the Company with sufficient
capacity for the next two years.
The announced investment gives Seeka more time to consider its capacity options going forward
including the potential for a new packhouse on the Pukenga Orchard site. The need for this
investment is now delayed.
The total investment for the MAF RODA and cool store is forecast to be $20 million.

Release ends:
For further information please contact:
Michael Franks, Seeka Chief Executive 021356516
Stuart McKinstry, Seeka Chief Financial Officer 0212215583