Australian dairy large Norco is about to put off 170 staff at an ice cream manufacturing facility in Lismore, regardless of being supplied a $35 million authorities grant.
The Lismore manufacturing facility, which suffered critical harm within the Northern Rivers floods in February this yr, has introduced that, whereas it appreciates the $34.7 million in funding they’ve been supplied, it “falls properly quick” of what the corporate wants “to safeguard the manufacturing facility’s future”.
Former prime minister Scott Morrison visiting the flooded Norco manufacturing facility in South Lismore.Credit score:Janie Barrett
A Norco spokesperson mentioned that it was possible that 240 jobs can be completely misplaced if they’re unable to safe extra funding.
“We estimate the overall value of the flood to Norco to be $141.8 million. This contains restoring our amenities to how they had been pre-floods, the price of clean-up and harm, stock and workforce prices, in addition to additional flood mitigation works,” the spokesperson mentioned.
“We proceed in optimistic dialogue with the federal government and stay hopeful that we are able to safe a greater end result for our workforce, our farmers, and the broader Lismore neighborhood.
“Norco has been a part of the Northern Rivers neighborhood for greater than 127 years, and with elevated
help from the governments in these rebuild efforts, we hope to be right here for an additional 127 years.”
Lismore was devastated by floods earlier this yr.Credit score:Brook Mitchell
Underneath the Anchor Enterprise Help Grants, the co-operative was supplied greater than half of the $60 million accessible for the flood-hit Northern Rivers, after it had been earlier given a $2.7 million help bundle from Emergency Administration Minister Murray Watt in July this yr.
The emergency bundle in July was given to Norco the day earlier than 170 staff had been set to be sacked, and got here as a aid for the Lismore neighborhood.
