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Irwin Industrial Tools founder Richard Izard says he had been expecting the closure of the Wellsford factory for some time. Photo / Northern Advocate

Irwin Industrial Tools founder Richard Izard says he had been expecting the closure of the Wellsford factory for some time. Photo / Northern Advocate

Closure hits founder hard 4:00AM Tuesday November 17, 2009

Richard Izard, the businessman who founded circular saw-blade maker Irwin Industrial Tools, says he's upset by the closure of the Wellsford company. After laying off 105 staff seven months ago, Irwin announced last week it would close for good just before Christmas, with the loss of the remaining… More


Producers' prices fall as dairy prices soar A 24.3 per cent fall in the dairy cattle farming index was the largest since the series started in 1994. Photo / Brett Phibbs 11:53AM Monday November 16, 2009

Producers' output and input prices fell in the September quarter, both influenced by falling dairy prices. Data… More

Nuplex's silence angers investors 4:00AM Saturday November 07, 2009

The board of resins and paint manufacturer Nuplex has come under fire for failing to reveal a breach of its banking… More

Workers to desert town as factory shuts doors Panapa Joseph (left) will head back to Auckland with his wife and six children to look for employment. Workmate Jesse Ruka has already lined up a fishing job on the West Coast. Photo / Greg Bowker 4:00AM Friday November 13, 2009

Wellsford's largest employer is to shut a week before Christmas with the loss of 56 jobs, just seven months after… More

GM eyeing bailout funds to shore up Opel plant 4:00AM Saturday November 07, 2009

DETROIT: General Motors' top executive said yesterday that the carmaker could tap some of its US$50 billion ($69.4… More



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