17 full-time jobs to go in Tamworth

17 full-time jobs to go in Tamworth
Allied Pinnacle cuts starch and gluten production

Source: The Northern Daily Leader
Monday July 24, 2017

SEVENTEEN full-time workers will lose their jobs before mid-September, and external labour hire reduced, as Allied Pinnacle cuts production of starch and gluten in Tamworth.

Staff at the Marius St ingredients and processing plant were told the news in a closed-door meeting on Thursday morning.

The company said the production of starch and gluten – which is processed at the Marius St plant – was no longer profitable and not “core-business”.

The majority of the 17 full-time jobs will be cut from the CBD factory by September 8 as the company decommissions some of the plant machinery, while the Belmore St processing plant will see a reduction in external labour hire.

“This decision is based on starch and gluten not being core to the Allied Pinnacle group strategy and even with the greatest intention it is not a financially viable part of our business,” Allied Pinnancle CEO James Ajaka said.

“This decision was not taken lightly and is based on the company needing to focus investment behind its core business.”

The Tamworth site has also just undergone a $21 million upgrade.

Mr Ajaka said all staff will receive their full entitlements and voluntary redundancies will be offered in the first instance.

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The Northern Daily Leader 24/7/17