James Hardie to shut NZ manufacturing; 120 jobs at risk

James Hardie to shut NZ manufacturing; 120 jobs at risk
Rebecca Howard
James Hardie Industries plans to shut down its manufacturing operations in New Zealand as the covid-19 pandemic hits its bottom line, putting 120 jobs at risk."Following a review of its operations in New Zealand, James Hardie has announced its intention to move to a regional model for the manufacture and supply of fibre cement building products for the New Zealand market," the ASX-listed building products maker said."If these changes proceed, James Hardie will cease all manufacturing of its products in its Penrose, New Zeala...

More Markets

NZ sharemarket drops after weak GDP data
Markets Market Close

NZ sharemarket drops after weak GDP data

Stats NZ data showed NZ's gross domestic product fell 0.9% in the June quarter.

Tom Raynel 18 Sep 2025
Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

Staff reporters 18 Sep 2025
NZ dollar on watch ahead of 3Q GDP, Fed signals
Markets

NZ dollar on watch ahead of 3Q GDP, Fed signals

Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.

Rebecca Howard 18 Sep 2025
Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.

Pattrick Smellie 18 Sep 2025