Huhtamaki to close down flexible packaging unit in NZ

CONSUMER packagingcompany, Huhtamaki, will close down a manufacturing unit in New Lynn, New Zealand, by the end of July 2012. The unit is currently loss making.

Manufacturing will be transferred to Huhtamaki's other flexible packaging units mainly in India, Thailand and Viet Nam.

The closure of the New Lynn unit will affect approximately 135 employees, but the company will continue to have approximately 320 employees in New Zealand. To close the unit, Huhtamaki will take an approximately €8 million one-time charge in the third quarter 2011.