Juken New Zealand is facing significant financial hardship, reporting a $39.7 million loss for 2026 primarily due to asset impairments. The company is currently consulting with workers regarding the potential closure of its Northland Mill, with a feedback deadline approaching. Simultaneously, Juken is actively seeking buyers for its Triboard Mill. Both mill locations are situated outside of Kaitāia, raising concerns about the regional economic impact of any closures. The company’s financial difficulties highlight challenges within the wood-processing sector. The outcome of the Northland Mill consultation and the sale of the Triboard Mill remain uncertain, pending further discussions and buyer interest. These developments signal potential restructuring for Juken New Zealand's operations.

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