Norske Skog’s New Norfolk paper mill is set to close and be turned into a fuel pellet factory …
Well that is the rumour Hag has heard. Deny it in comments …
And there’s more … Hag has also been told the ANZ Bank is closing its New Norfolk branch in the New Year …
*The Hag is Tasmanian Times’ scandalous Rumour-Monger, though she’s proven to be pretty accurate over the years … She is known to The Editor …
• Jack Lumber in Comments: Interesting …..NS Boyer has despite the excellent efforts of local management struggled to be out side the ” bottom 25% ” in profitability as part of NS pantheon of mills. Declining newsprint and even LWC, would have seen the mill have to “do something ” or close. An elegant solution in the making for the softwood and the currently “stranded” southern hardwood plantation estates — and all using the existing containerisation supply chain that NS and Tasrail have set up. Noice. Now lets see the naysayers….who may actually identify some key points to consider. Keeping open-minded …
• phill Parsons in Comments: The pervasive idea that a ‘cargo’ will arrive in the hands of a white knight investor [Forestry, the hydro, a mining company, a sawmilling company, woodchip exports, world scale fish farms] to save the old guard of the State’s economy will return having festered in the other halls nearby and in Canberra. Until and only when the Tasmania transforms its own products and talents it will remain caught in the eddies of an economic backwater. A rehash of a previous comment but still applicable. As the dysfunctions of new tech and climate instability ripple through society a forward view needs to be taken by government that often checks the rear view mirror for ideas …