General Cable proposed closure

General Cable proposed closure
News

It is very unfortunate to hear of the proposed closure of manufacturer General Cable in Christchurch, with the loss of up to 170 quality jobs and affecting other local manufacturers supplying them, SAYS NZMEA chief executive Dieter Adam.  While conditions for many manufacturers have improved in recent years, this shows that pressure and uncertainty remains, he says.

“General Cable has been a solid part of the Christchurch manufacturing industry since the 1950’s, and it is sad to hear they may be closing.  We hope their staff can be employed by other manufacturers in the area.

“Manufacturers do not operate in isolation, due to the complex supply chains that mean many other New Zealand manufacturers supply parts to companies like General Cable. A loss in one area can have wider effects than just the immediate loss of jobs and income.  We need to keep a broad base of manufacturing in New Zealand and find ways to improve the manufacturing ecosystem.

“It is a reminder that we cannot be complacent, there is more that can be done to help manufacturing businesses thrive in New Zealand, keeping capability here, along with jobs and vital export income.  We hope to see quality discussion on how to make to most of our manufacturing base to grow exports and jobs going into the next election.”

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