Cancel OK

Report: Carter Holt Harvey Proposes to Chop Workforce at Marsden Point in Half

General News

According to local news reports, Carter Holt Harvey Ltd. (HQ: Auckland, New Zealand), is looking into cutting the staff at their Marsden Point plant.

The NZ Herald reports that “there are currently 325 staff working at the plant and the company is proposing to restructure the business and reduce staff numbers to 160.” Carter Holt Harvey Ltd. reportedly “confirmed that it had begun consultation with staff in its laminated veneer lumber (“LVL”) business to restructure it into a smaller domestically-focused operation.”

Chief Executive of Carter Holt Harvey Prafull Kesha noted the “closure of the Marsden Point LVL plant remained an option.”

Further details can be read here.