The announcement was made to workers this afternoon, with a small number expected to stay on to process imported timber.
The decision follows two weeks of consultation on the plant’s future, which had remained uncertain until now.
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Why? Not enough wood?
Price of power is the problem.
The white collars have control they have no experience with electrical engineering they are miss managing its a disgrace.
The way the market is structured the less power in the market the price goes up its a failed model, incompetence is rewarded anyone who thinks about it can see this.
Question is, is this intentional or are our leaders that stupid?
This of course is happening throughout NZ.
Yes this is just awful. I actually think government is that stupid? Either that or they are completely sinister,
Either way this is devastating for these towns. Tokoroa will suffer badly. 🙁
Planned closure of Eves Valley Sawmill would affect 142 jobs, mayor says
https://www.rnz.co.nz/news/national/570602/planned-closure-of-eves-valley-sawmill-would-affect-142-jobs-mayor-says
Poor owner Graeme Hart is struggling though. Just hundreds of people jobless before Christmas Graeme.
As his fortune expands
well I’m afraid he is a business man and that is the nature of business would you prefer communism?
We know that does not work for long, no incentives to work its a failure.
Ahh the benefits of globalisation again. Trickle down in theory, trickle up in reality.
Foreign owned forests – Wasn’t one of Winston’s previous Election promises, that he would sort out the forestry sector, not allowing trees to be exported but be processed in NZ and then exported for higher value?
Enablers of global bankster rort cannot get rid of the economic status quo (extortion), because it would mean that the gravy train of political promises aka socialism would stop.
Yes, they have all had their palms greased to do exactly as they are told.
Is it just me seeing the demise of value add in New Zealand?
This has been going on since Rogernomics……..
Our Governments have ruined this country. Lange, Douglas, Palmer, Bolger, Finlayson, Shipley, Clarke, Key, Ardern are the names of the people who wrecked our country…..in my opinion
US slaps 10% tariff on NZ timber imports, industry warns of major impact
https://www.nzherald.co.nz/business/companies/agribusiness/us-slaps-10-tariff-on-nz-timber-imports-industry-warns-of-major-impact/5PHVWZZPVJBQ5K2ZPWDFLAYZ2E/