Fletcher to close its Christchurch insulation plant, 29 jobs lost

Fletcher to close its Christchurch insulation plant, 29 jobs lost
By Suze Metherell Oct. 16 (BusinessDesk) - Fletcher Building, New Zealand's largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a "highly competitive market".  The proposal would see 29 Christchurch factory workers lose their jobs manufacturing the construction company's Pink Batts insulation, while its Auckland factory will become a round the clock operation, the Auckland-based company said in a statement. Current Christchurch-based customer service, sales and wa...