U.S. investment sets up Southland quarry for expansion - News Summed Up

U.S. investment sets up Southland quarry for expansion


A Southland quarry looks set to double in size with a $1.7 million New York investment. Wholly American-owned Fairfield TIR New Zealand Ltd. has invested $1,725,163 in Invercargill company Southern Stone & Timber Ltd. Southern Stone & Timber operate a quarry and processing plant on the Awarua Bay, producing decorative pebbles for pools, floors and landscaping. There were currently nine staff at Southern Stone, and some of the 10 new jobs would not be skilled positions, he said. Turley Resources owns 76 per cent of Southern Stone.


Source: Stuff October 06, 2021 03:11 UTC



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