# Golden Bay Cement secures $60M government grant and commits $150M investment

The New Zealand Government granted Golden Bay Cement up to $60 million to support continued operation of its Northland cement plant. Golden Bay Cement committed to invest at least $150 million through to 2040 and to continue producing cement at the plant until at least 2040.

- Type: Investment
- Announced: 2026-07-20
- Where: Portland, near Whangarei, Northland, New Zealand
- Value: $90.0M (150.0M NZD)
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Golden Bay Cement](https://endata.com/companies/93080.md)
- [Fletcher Building](https://endata.com/companies/15795.md) (investor)

## Sources

- [listcorp.com](https://www.listcorp.com/asx/fbu/fletcher-building-limited/news/fletcher-building-govt-to-secure-nz-cement-manufacturing-3378844.html), 2026-07-19: "The Government has granted Golden Bay Cement up to $60 million to support the continued operation of Golden Bay Cement’s Northland operations."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.