Winstone Pulp International invested $1million in Gisborne sawmill, New Zealand
Mar 03, 2010. Winstone Pulp International, which almost closed its Gisborne sawmill last year due to the high value of the New Zealand dollar, has now invested $1 million in new equipment at the plant.
Mar 03, 2010. /Lesprom Network/. Winstone Pulp International, which almost closed its Gisborne sawmill last year due to the high value of the New Zealand dollar, has now invested $1 million in new equipment at the plant, as Radio New Zealand reported.
The mill produces sawn timber for the housing market in the United States.
Last August, the company reversed a decision to close the Prime mill, but cut employee numbers from 65 to 20.
Managing director David Anderson says the plant continues to operate on a month by month basis. However, since then, business has picked up and the New Zealand dollar has dropped in value.
As a result, Mr Anderson says the number of temporary workers has been increased.