Juken signals job losses from multi-million upgrade of Kaitaia Triboard mill

Mon, 10 Sep 2018

By Paul McBeth Sept. 11 (BusinessDesk) - Juken New Zealand has started talking to staff over likely job losses as it plans to spend millions of dollars upgrading its Triboard mill in Kaitaia. The local unit of Japan's WoodOne Ltd plans to upgrade the 30-year old mill to return it to profit and address safety concerns in a "multi-million dollar investment", it said in a statement. The upgrade will see parts of the mill shut and a new operating structure introduced to "streamline production". The company will meet its 250 Northland staff t...

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