Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Mars’ move unavoidable blow, says Business Central

The announcement that Mars Petcare is moving its Whanganui operation to Thailand at the end of next year is an unavoidable blow for its 152 staff and for employment in the city, says Business Central.

"It’s a great shame, because Mars has been a wonderful employer in Whanganui for 26 years," says Chief Executive John Milford.

"I know this decision has been taken reluctantly after some tough challenges in recent years and the need for them to find the scale they need closer to their growing markets in the Asia Pacific region.

"The main thing now is the company has said it will take care of its staff, ensuring they get their full redundancy entitlements and compensation, and will offer retraining, outplacement assistance and counselling.

"It’s also helpful that they have signalled this more than 12 months out, giving staff, some of whom have been with them the whole time, time to adjust.

"This is a great example of how companies should operate when forced to make such decisions, and Business Central will make sure they and their staff have the necessary support to make the transition as painless as possible.

"Whanganui is a great place for business and we will continue to back the city when opportunities arise."


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

SMC Expert Reaction: Record Dry Spells And Effects On Forests

With no rain forecast before Sunday, Auckland is about to break a record for the city's longest dry spell. Niwa says Auckland is likely to hit 40 consecutive days without rain this weekend . The upper North Island is seeing severe meterological ... More>>

ALSO:

Reserve Bank: Official Cash Rate Remains At 1.0 Percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation is close to the 2 percent mid-point of our target range. ... More>>

ALSO:

Research: Climate Change Throws Tree Seeding Out Of Sync – New Study

Climate change is negatively affecting tree reproduction by throwing seed production systems out of synchronisation, according to a new international study co-authored by a University of Canterbury scientist. Many tree species worldwide produce large ... More>>

ALSO:


Science Media Centre: Novel Coronavirus Detected In China – Expert Reaction

The virus was detected after more than 40 people were hospitalised with pneumonia in Wuhan City, China and the outbreak traced to a large animal and seafood market. The Centers for Disease Control and Prevention reports that person-to-person transmission ... More>>

ALSO:

Science Media Centre: Flooding could release toxic gas – Expert Reaction

A chemical substance known as ouvea premix stored at an old paper mill in Mataura could release toxic ammonia gas if it comes in contact with water.More>>

ALSO: