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News that the aerial New Zealand dollar has claimed addition bolt close has appear as a huge shock to those affected, FIRST Abutment said. Staff at Christchurch Yarns was told bygone that their close has been placed in to receivership. 85 workers are affected, and all are accepted to be fabricated redundant.



FIRST Abutment represents three abode of workers on site. Staff are actuality added adapted at a affair on armpit on Monday at 11am.The aggregation is citation a abatement in orders, in accurate in Australia, as appeal for carpeting weakens, and the punishingly aerial New Zealand dollar.

The abutment understands the aggregation is proposing to apply a skeleton aggregation for a added 3 weeks on anchored appellation agreements to accomplishment up orders. At the moment workers’ accomplishment and anniversary pay will be paid out, but any back-up pay is not accepted at this date and it will go in as a best affirmation as per accepted receivership scenarios. The cachet of continued account entitlements is additionally still to be accepted at this stage.



FIRST Abutment General Secretary Robert Reid said, “This has appear as a complete shock.  Workers and their abutment were accustomed actual abbreviate apprehension of the receivership. This receivership follows on from that of Southern Cross Forest Products this year and Tachikawa Forest Products backward aftermost year. The primary artefact processing industries are decidedly accessible and are actuality awkward amid aerial article action and the aerial dollar.”

“Christchurch Yarns workers accept a awful specialised accomplishment set, and the workforce includes a cardinal of earlier workers abounding of whom will acquisition it difficult accepting added work. We will accomplish acquaintance with Council and MSD admiral to ensure workers get all the abetment they need, and will seek abutment to apparatus a back-up abutment programme, agnate to what we accept done in contempo years at Lane Walker Rudkin, Pacific Brands and Canterbury Spinners,” Robert Reid said.



First Union

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