Looming job losses at Juken NZ's triboard mill in Kaitaia are 'disappointing but necessary.'
Regional Economic Development Minister Shane Jones said last week that he had been "interacting" with the JNL executive team regarding the company's proposal to upgrade its triboard mill in Kaitaia (Mill upgrade will bring plant into the future, September 13).
Mr Jones described the job losses expected from the upgrade as "extremely disappointing," but necessary if the mill was to remain viable.
He was heartened that the Japanese-based investors in the mill were willing to continue to back the Kaitaia plant.
Read more: Editorial: Juken NZ upgrade something to be grateful for in Northland
Kaitaia triboard mill in for a major upgrade
Juken jobs to be cut as company moves to modernise operations
JNL, owned by parent company WoodOne, founded in 1990, has invested more than $700 million in its forest and processing operations in New Zealand over the last 20 years.