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May 5, 2020

New Zealand’s forest industry could face wave of closures

New Zealand's forestry industry could face a wave of closures without Government intervention, says the Red Stag boss, a major timber company in the country.   The Minister of Forestry Shane Jones has proposed a levy on exports to ensure logs went to New Zealanders first.  Red Stag Timber chief executive Marty Verry said while he expected a good uptake of activity in the New Zealand's forest industry in the next two to three months, the end of the year and into 2021 is uncertain.  There were 60,000 people supported by the ...

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