New own­ers set to take over Metso prop­erty

Matamata Chronicle - - News -

Metso will sell its Mata­mata prop­erty to Reid & Har­ri­son (1980) Ltd.

The in­dus­trial 1.6 hectare prop­erty with mul­ti­ple build­ings will change own­er­ship on Fe­bru­ary 14, 2014.

Metso New Zealand ad­min­is­tra­tive man­ag­ing di­rec­tor Keith Cooke said it was im­por­tant to Metso, with the clo­sure of Metso’s Mata­mata op­er­a­tions, that the im­pact on the lo­cal com­mu­nity be man­aged.

‘‘With this prop­erty sale we are ex­cited to see a lo­cal firm and fam­ily fur­ther in­vest in Mata­mata’s fu­ture,’’ Mr Cooke said. ‘‘It is good to know the prop­erty is go­ing to con­tinue to be well used.’’

The sale is ef­fec­tively a ‘walk out, walk in’ sale with most equip­ment as well as the prop­erty chang­ing own­er­ship.

Speak­ing on be­half of the new own­ers, di­rec­tor Seaton Dal­ley said it was a re­ally ex­cit­ing time for them.

‘‘While we are sad to see such an es­tab­lished com­pany leave Mata­mata, it has cre­ated a mas­sive op­por­tu­nity for us at Reid and Har­ri­son.

‘‘With the ad­di­tion of the new equip­ment and ex­tra room we will be able to in­crease our prod­uct line and man­u­fac­ture big­ger prod­ucts than be­fore,’’ he said.

‘‘Part of our long-term goal is to in­cor­po­rate re­tail sales so we ef­fec­tively be­come a ‘one stop shop’. We are re­ally look- ing for­ward to the fu­ture growth of the busi­ness and the prospect of ex­pand­ing our team.’’

Also join­ing Reid and Har­ri­son ( 1980) Ltd at the new prop­erty is Ralph and the team from Reid and Har­ri­son En­gi­neer­ing.

They will take over the pre­ci­sion build­ing which will see them triple in size in floor space and ma­chin­ery, cre­at­ing faster out­put and en­abling them to take on larger jobs.

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