Job cuts on the table at embattled BX Foods

Job cuts on the table at embattled BX Foods
BX Foods' plant in Oamaru. (Image: Google Maps)
Riley Kennedy
BX Foods is looking to reduce the number of staff at its plant, saying it’s not sustainable to operate with its current cost structure.The Chinese-owned meat company has a plant outside Oamaru that processes beef, lamb, mutton, and veal.Nine years ago, the Overseas Investment Office (OIO) gave NZ Binxi (Oamaru) Foods – which is 97% owned by Heilongjiang Binxi Cattle Industry Co Limited, from China’s Heilongjiang province – the green light to purchase Lean Meats Oamaru (LMO) from Hawkes Bay-based Lean Meats for $5 million...

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