OneFortyOne New Zealand (formerly Nelson Forests) to recommence business activities in its forest estate and Kaituna sawmill in New Zealand.
OneFortyOne Executive General Manager Lees Seymour said: “Whilst the country was at Alert Level 4 we were able to pay the team’s full salary and the wage subsidy did help us achieve that. We are now looking forward to getting back to work, supporting our employees, contractors and the economy.”
Over 50% of the timber from the Nelson Forest Estate is delivered to the domestic market and 60% of timber customers are Australasian. Supporting New Zealand’s economy during the COVID-recovery period continues a long history of support for local jobs and domestic processors for OneFortyOne.
Seymour says: “We are a vertically integrated company, with forests and a mill. OneFortyOne continues Nelson Forests practice of offering log fibre first domestically and developing its strategy to increase domestic processing in New Zealand. We’ve had a local mill as a customer since the 1950s and have increased volume to a growing number of local customers over the last decade.”