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Wellington foam manufacturer tips into voluntary administration

Voluntary administrators hope to revive the cash-strapped manufacturer.

Fiona Rotherham
Fri, 13 Oct 2017

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

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Fiona Rotherham
Fri, 13 Oct 2017
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Wellington foam manufacturer tips into voluntary administration
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