Nufarm will increase its emphasis on product development as it restructures, closing two manufacturing sites and cutting 105 jobs.
Australia’s largest maker of crop sprays will close its Welshpool and Lytton sites, in WA and Queensland respectively, over the next two years, the ABC reports. Some regional service sites will also be closed.
30 head office jobs in Melbourne had been made redundant, effective immediately.
Total manufacturing capacity will be maintained, but the company’s cost base lowered, said managing director Douglas Rathbone, and Nufarm’s Victorian plants would be expanded.
"This is about improving the business and more effectively meeting the needs of our customers with an efficient and cost-effective structure," said Rathbone in a statement.Also expanded would be Nufarm’s emphasis on product development.