Wellington foam manufacturer tips into voluntary administration
Voluntary administrators hope to revive the cash-strapped manufacturer.
Upper Hutt manufacturer Acma Industries has gone into voluntary administration, which places a moratorium on creditors from taking any action.
The firm, which makes a number of innovative foam products including for the export market, has about 40 staff. It has estimated debts of between $2.5-3
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Fiona Rotherham
Fri, 13 Oct 2017
Fri, 13 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Wellington foam manufacturer tips into voluntary administration
70813