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- Tim Bowron and Don Franks
On April 17 manufacturer Fisher & Paykel announced that it would be closing its Mosgiel plant near Dunedin and shifting production to Mexico, Thailand and Italy with the loss of some 430 jobs. Hard on the heels of this announcement came the news that Dunedin textile firm Tamahine Knitwear which employs about 50 workers would also be closing its doors, while in the banking sector ANZ National Bank is to move approximately 500 clerical and IT jobs to India.
National and local body politicians wept crocodile tears over the news; Finance Minister Michael Cullen lamenting that “manufacturing jobs of this sort have been moving, sadly, to third world countries around the world for any number of years” while Dunedin mayor Peter Chin said he was “shocked” and “hugely disappointed.”