General Cable plans to close NZ operations employing 160 people

Tue, 08 Nov 2016

By Paul McBeth Nov. 8 (BusinessDesk) - General Cable Corp intends to close its local operations, making 160 people redundant, after failing to find a buyer for its remaining Asia Pacific businesses, including the New Zealand unit. The cable maker has started a consultation with its workforce over plans to wind down and close the manufacturing and support operations in Christchurch and Auckland, it said in a statement. If the plan goes ahead, manufacturing will continue until the end of March next year. "The proposal has been made wit...

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