Think HBR

Upper Hunter abattoir to remain open

The future of Primo near Scone has been safeguarded with the federal government approving its sale to JBS USA Holdings.
Treasurer Joe Hockey signed off on the deal, which includes three con-ditions. JBS has agreed to maintain custom service killings of live-stock currently provided at the Hunter Valley meatworks.
It will be required to continue the service in good faith, and in both a competitive and profitable manner, and to report on its compliance with the conditions every six months.
According to Federal Agriculture Minister Barnaby Joyce says if JBS fails to keep Scone open and retain its capacity the Treasurer has the power to order the company to divest itself of the meatworks. Retaining the Scone plant is welcome news to producers and the Upper Hunter economy.