SIMPLOT Bathurst plant at risk of closing

SIMPLOT Bathurst plant at risk of closing

SIMPLOT Australia has announced that it’s Bathurst factory may have to be closed if its financial performance doesn’t improve.

Managing director of SIMPLOT, Terry O’Brien, says the Bathurst plant my have to close after the next corn season if profits do not improve, despite the strong Australian dollar.

The company says that the problems have come from a lack of competitiveness, in the face of lower-priced offshore alternatives.

 Meetings are being scheduled with local, state and federal government representatives as well as employees, unions, suppliers and growers to discuss ways to improve profit.

In a statement released yesterday SIMPLOT said that the manufacturing plant at Devonport in Tasmania is also struggling to stay afloat.

 

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Libby Dreyer
Libby Dreyer 103 posts

Libby has worked as a Senior Journalist at National Radio News since February 2011. She graduated with a Bachelor of Journalism from the University of Canberra in December 2010.

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