Carter Holt Harvey to Announce Future of Tokoroa Plywood Plant

Workers at the Carter Holt Harvey plywood plant in Tokoroa are awaiting a crucial announcement regarding their employment status. An update is expected on Tuesday morning, as the company has been deliberating the future of the factory for the past two weeks. This decision could significantly impact the lives of up to 119 employees who face potential job losses.

On September 15, 2023, Carter Holt Harvey initiated consultations concerning the possibility of closing the Tokoroa facility. The company is considering shifting its operations towards importing plywood from overseas, a move that would eliminate the need for local production. This prospect has raised concerns among workers and community members about the economic implications of such a closure.

The Tokoroa plywood plant has been a significant source of employment in the region, playing a vital role in the local economy. As the announcement approaches, employees remain hopeful for a positive outcome but are also preparing for the worst. The potential closure underscores the challenges faced by the manufacturing sector in New Zealand, particularly against the backdrop of global supply chain shifts and economic pressures.

As the situation develops, the impact on the workforce and the broader community will become clearer. The announcement on Tuesday will be pivotal for those connected to the plant and may set the stage for discussions about the future of manufacturing in the area.