Brad Olsen: Infometrics principal economist on the economic impact of Winstone Pulp International closing Ruapehu mills

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. LISTEN ABOVESee omnystudio.com/listener for privacy information.