Norske Skog pulls the pin on Tasman Mill

Norske Skog pulls the pin on Tasman Mill
In its 66 years, the Tasman Mill produced 15 million tonnes of newsprint
Pattrick Smellie
Sixty-six years of newsprint production at the Tasman Mill in Kawerau will come to an end in 21 days following the announcement that Norwegian global wood processor Norske Skog will close the mill on June 30.The mill closure will cost 160 jobs in the timber town that also hosts pulp and packaging manufacturer Oji Fibre’s plant, also confusingly called the Tasman Mill.All workers will be paid full redundancy on a decision that had clearly been on the cards since a strategic review was commissioned last September.In recent weeks, Norske Sko...

More Economy

RBNZ says risks linked to new mortgage lending contained
Economy

RBNZ says risks linked to new mortgage lending contained

House prices near the top of RBNZ's range of sustainable estimates.

‘Remarkable growth’: Fulton Hogan posts higher profit
Economy

‘Remarkable growth’: Fulton Hogan posts higher profit

Fulton Hogan paid a total dividend of $180.4m for 2025.

Duncan Bridgeman 05 Nov 2025
NZ's financial stability risks higher than in recent years
Finance

NZ's financial stability risks higher than in recent years

The RBNZ says global uncertainty and underperformance are key factors.

Staff reporters 05 Nov 2025
A blueprint to beat our economic malaise
Opinion

Peter Griffin: A blueprint to beat our economic malaise

NZ must trade talk for execution and invest in talent to escape its economic woes. 

Peter Griffin 05 Nov 2025