Business / Election 2008

Fonterra's Kaikoura factory may close

16:00 pm on 1 March 2016

Fonterra is considering closing its factory at Kaikoura, which would mean the loss of 22 full-time staff.

Fonterra Photo: RNZ / Andrew McRae

It has met with staff over the proposed closure of the specialty cheese plant.

Fonterra's New Zealand manufacturing director Mark Leslie said a decision was expected in mid-March.

Moving production to other sites would bring significant cost savings for the business and its 10,500 farmer shareholders, he said.