A log transport business operating in Nelson and Marlborough has been put in voluntary administration.
John Fisk and Richard Longman from PricewaterhouseCoopers have been appointed administrators of Waimea Contract Carriers Limited.
It's the intention of the administrators to continue to trade as usual while they assess the options available to the business.
John Fisk says the the directors have made the difficult decision to put the company into voluntary administration due to cash flow pressure that has resulted from adverse trading conditions.
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