Nufarm Finance: Close Melbourne manufacturing plant
- Nufarm Finance (NFN) has revealed it will shut its Raymond road manufacturing plant in Laverton, Melbourne
- The plant manufactured insecticides and fungicides for the company
- Then the manufacturing plant will wound down in a phased shutdown over the next 18 months
- The Laverton plant is located in the northern Melbourne semi-industrial suburb of Laverton north
- Nufarm has also said it will close its Linz, Austria herbicide manufacturing plant
- The company expects to save $15 million a year in earnings before interest, taxes, depreciation, amortisation (EBITDA) due to the measures
