Wallace Corporation Profile

Wallace Corporation Limited was formed in 1994 to consolidate several unique businesses. One of those businesses had been operating a rendering plant, principally for dead cows, at Waitoa since the early 1930’s, and was purchased by Mr JD Wallace in 1939. The other businesses established by James H Wallace were Wallford Meats (NZ) Ltd, Eureka Hides & Skins Ltd and Wallace Industries Ltd.

James Wallace is the Chairman and Managing Director of WCL and is the major shareholder.

Today WCL employs some 600 staff seasonally and has an annual turnover exceeding $200 million. The Company is a significant exporter with over 80 percent of sales being to the USA, Canada, Europe, Australia and Asia.

The Company has in the past six years expanded its tannery and rendering plants, built value-adding crust, leather and finishing plant’s, purchased a multi-species meat processing plant at Thames.

Additionally, the Company owns dairy farms surrounding the Waitoa Site and dry stock farms.