Trio buy old mill site
The sale of Putaruru’s former Carter Holt Harvey mill is almost complete, two years after 212 jobs were axed when it closed.
A trio of investors are purchasing the land on Princes St to divide it into a home for several businesses.
Spokesman for the group Dave MacFarlane said on Friday the purchase was conditional and he expected the sale to be confirmed within a few days. ‘‘Pretty well it’s a done and dusted deal.’’
The mill’s closure was announced in October 2008, its doors shut two months later.
‘‘We do have plans for the site,’’ Mr MacFarlane said.
‘‘ Some buildings will be dismantled and taken away, and others will be refurbished.’’
Mr MacFarlane said he expected the development to promote economic growth in the South Waikato and create many jobs.
‘‘We believe it will be good for the region.
‘‘The site will become four or five distinct areas from light industrial through to heavy industrial’’
Mr McFarlane said it was too early to comment on possible tenants.
The redevelopment of the site would consider its proximity to residential areas he said.
Mr McFarlane paid tribute to South Waikato Mayor Neil Sinclair saying Mr Sinclair and council staff had been helpful getting the site’s sale progressed.
‘‘It’s refreshing from an outsider coming in it’s almost like ‘how can we help you guys?’ rather than ‘here are the problems’. They’ve been extremely helpful.’’ Mr McFarlane said at 14.5 hectares he was attracted to the site by its scale and central location in the North Island.
The site’s access to the rail network was another plus and he expected the new businesses to use the railway.
He also suggested the railway could be used to bring tourists to Putaruru from Auckland to use tourist attractions such as the Waikato River Trails.