Brad Olsen: Infometrics principal economist on the economic impact of Winstone Pulp International closing Ruapehu mills - Heather du Plessis-Allan Drive

The Ruapehu district has been dealt a huge blow - as Winstone Pulp International confirms it will close the two mills in the region.

Over 230 workers will lose their jobs, and mayor Weston Kirton is 'gutted' the Government couldn't broker a deal and save the mills.

Infometrics principal economist unpacks the economic impact of this announcement.

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