CCA Global Partners With New Zealand Wool Firm

Manchester, NH, Jan. 30, 2009--Competition in the New Zealand wool industry has intensified, with the announcement of a new marketing venture for carpet wool.

Rural servicing company Elders has launched a Wool Marketing Enterprises venture with the aim of increasing demand and profitability for New Zealand strong wool in the U.S. carpet market.

Elders has signed an agreement with the world's largest carpet retailer, CCA Global Partners.

Elders Rural Holdings managing director Stuart Chapman says it will provide an integrated supply pipeline from 800 wool growers to retail stores.

He says the aim is to reverse a decline in demand for strong wool and increase the return that growers get for their clip.