Winstone Pulp International Announces Job Cuts Due to Mill Closures in Manawatu-Wanganui
Winstone Pulp International Faces Major Job Losses
Over 230 workers will lose their jobs as Winstone Pulp International (WPI), the Ruapehu District's largest employer, confirms it will shutter two mills in the central North Island.
Impact on the Local Business Environment
Staff were informed of the decision this afternoon, with production already on hiatus. The company, which operates Tangiwai Sawmill and Karioi Pulpmill, proposed to indefinitely close its local operations at a meeting with staff last month. WPI's decision was originally set to be announced on Monday but has since been confirmed.
Future of Employment in Manawatu-Wanganui
- Significant economic implications for the community
- WPI's role as a major employer in the region is now jeopardized
- Potential for energy and business shifts as local dynamics change
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.