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Carter Holt Harvey Starts Consultation to Shut Tokoroa Plywood Plant

A two-week process will weigh a plan to swap local production for lower-cost imports.

Overview

  • Up to 119 full-time roles are at risk at the Tokoroa site, with redundancies scheduled to take effect in November, according to the South Waikato mayor.
  • Staff were notified and allowed time to discuss the situation with their families, South Waikato Mayor Gary Petley said.
  • A union representative said the consultation feels like a fait accompli and claimed imported plywood can land at roughly 60 percent of local manufacturing costs.
  • Carter Holt Harvey has begun consulting on closing the plant and importing plywood, and a final decision is expected soon after the two-week process.
  • The move comes as the sector contracts, including OJI Fibre Solutions cutting 130 jobs at Kinleith in June and a reported closure next month at Eves Valley affecting about 140 jobs.