Huhtamaki to close flexible packaging unit in New Lynn, NZ

Huhtamaki to close down flexible packaging unit in New Lynn, New Zealand

Huhtamaki optimizes its flexible packaging manufacturing footprint and will close down its manufacturing unit in New Lynn, New Zealand. The unit is currently loss making. The closure will affect approximately 135 employees.

Huhtamaki will continue to serve its customers in Oceania from sales offices in Auckland, New Zealand and Melbourne, Australia. Manufacturing will be transferred to Huhtamaki’s other flexible packaging units mainly in India, Thailand and Vietnam.

While the exact timing of the closure of the New Lynn unit is subject to further planning and consultation, the closure is expected to be finalized by the end of July 2012.

Huhtamaki currently has three manufacturing units in the Auckland area in New Zealand. The closure of the New Lynn unit does not affect the Foodservice operations in Henderson or the Moulded Fibre operations in Otahuhu. Huhtamaki will continue to have approximately 320 employees in New Zealand after the closure of the New Lynn unit.

About Huhtamaki
Huhtamaki Group is a leading manufacturer of consumer and specialty packaging with 2010 net sales totaling EUR 2 billion. Foodservice and consumer goods markets are served by approximately 12,000 people in 53 manufacturing units and several sales offices in 31 countries. The parent company, Huhtamaki Oyj, has its head office in Espoo, Finland and its share is quoted on the NASDAQ OMX Helsinki Ltd. Additional information is available at www.huhtamaki.com.

ENDS

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