Willy Leferink: Ashburton Dairy Supplier on the problems Synlait is facing

The Mike Hosking Breakfast - A podcast by Newstalk ZB

There are more problems for struggling dairy processor Synlait.  The Canterbury-based organisation told yesterday's Australian securities exchange that more than half of its 280 suppliers want to leave.  It comes after the company posted a $96 million half year loss in April.  Ashburton-based supplier Willy Leferink told Mike Hosking that it's a company problem, not an industry one.  He says Synlait overstretched themselves when they built a plant in the North Island a couple years ago and made some other regrettable decisions.  LISTEN ABOVE See omnystudio.com/listener for privacy information.