NZ wood processors lobby govt for help against subsidised foreign rivals

Thu, 25 Jan 2018

By Rebecca Howard Jan. 25 (BusinessDesk) - The Wood Processors & Manufacturers Association of New Zealand continues to lobby the government for more a more favourable trading environment as processors such as Juken New Zealand eye drastic measures in the face of subsidised foreign competition. This week Juken NZ, a unit of Japan's WoodOne Ltd, put forward a plan to halve the Gisborne wood-processing mill workforce as it struggles in a highly competitive market, and as overseas buyers are buying a record volume of logs. WPMA chief e...

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