A last minute buy-out could save the jobs of up to 50 workers
and contractors at a Rotorua timber processing plant.
On November 22, workers at Carter Holt Harvey Rotorua
Profiles plant were told the company was proposing to close
the plant on December 20, with a further 18 jobs on the line
at Carter Holt Harvey's plywood processing plant in Tokoroa.
The company cited a fall in demand from export markets in
Australia and the decline of new building work in New Zealand
as the reason for the proposed redundancies.
However, at a meeting on Monday, workers were told another
company was looking seriously at buying the plant and
continuing its operation.
Site safety supervisor Daniel Mathew said staff were told
closure talks had been suspended yesterday because a
potential buyer for the plant had made an offer.
"We will find out on Thursday. But everyone was in a much
happier mood today. The talk is a decision will be made by
the 20th of December."
Mr Mathew said some of the younger workers had already
decided to move to Australia to find work.
"We are all pretty keen to stay on here, so any news like
this is good news."
Carter Holt Harvey human resources director Kim Lee, who is
based in Australia, previously told The Daily Post it was the
company's policy not to comment during redundancy talks.
- By Matthew Martin of The Daily Post