Overview

• The 18-month phased shutdown of PCA’s Kingaroy and Tolga sites puts about 150 jobs at risk.
• PCA had incurred annual losses of A$5–10 million despite investments and was unable to secure a buyer.
• Affected employees will receive redundancy packages, redeployment incentives and dedicated support services.
• The closures end nearly a century of peanut processing in Kingaroy and leave about 90 growers awaiting new supply arrangements.
• Bega will maintain peanut butter production at Port Melbourne and continue operations at Crestmead and Malanda.