Skellerup seeks US manufacturing to side-step tariffs

Fri, 21 Feb 2020

Skellerup Holdings chief executive David Mair heads to the US next month on the hunt for a manufacturing business to side-step increased costs from tariffs imposed on imports from China.Mair told BusinessDesk he was “looking hard” for a manufacturing business worth between $30 million and $50 million.His late-March trip is to "catch up with some of the businesses and customers that are there, but also to have a good look at what’s around.”Last week, the Auckland-based company reported a 10 percent decline in first-half profit after the US-China...

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