Home > Nufarm to cut over 100 jobs

Nufarm to cut over 100 jobs

article image

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.

The restructuring will cost $39 million in the current financial year, according to The Australian, and will, according to the agricultural chemicals company, save $13 million a year.

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.

Image: vicnotil.com.au

Newsletter sign-up

The latest products and news delivered to your inbox