Companies continue to assess impact of quake
The impact of the Christchurch earthquake on business continues to be revealed in announcements from companies.
The impact of the Christchurch earthquake on business continues to be revealed in announcements from companies. The following is a summary of announcements today:
• Pyne Gould Corp said it is focused on recovering people trapped in its building.
• PGG Wrightson said all of its operations were open and it had experienced no obvious infrastructure damage.
• The National Property Trust said its Eastgate Shopping Centre was damaged and would be closed for an extended period. The centre is insured.
• SkyCity Entertainment Group said the Christchurch Casino had only superficial damage.
• L&M Energy said its Christchurch office had been disrupted and its functions had been shifted to Wellington.
• Kathmandu Holdings said its Christchurch stores, distribution centre and head office were negatively affected by the earthquake.
• Teamtalk said its mobile radio network continued to operate and no staff was injured.
• Turners & Growers said its business had only minimal damage.
• Greenstone Energy said its storage tanks at Lyttelton Port of Christchurch were in relatively good shape but it was diverting a tanker to Timaru.
• Lyttelton Port of Christchurch said the port had further damage which was still being assessed.
• Electronic payments system operator Paymark said the delays in communications networks that disrupted eftpos services yesterday had been resolved. Christchurch services were affected by power and equipment issues.
• Mainfreight said its operations in Christchurch were less disrupted than in the September 4 earthquake.
• Scott Technology said its facilities in Christchurch received only superficial damage and it was working to ensure machinery was safe to operate.
• Skellerup said staff at two production facilities and one warehouse in Christchurch warehouse came through without serious injury and engineers would assess damage over the next few days.
• Steel & Tube said all its branches in Christchurch would be closed for at least the next two days. The company's major sites at Blenheim Rd and Braeburn Dr appeared to have escaped relatively unscathed. Several other facilities had damage to buildings, racking and stock, and some also suffered loss of power, water and communications.
• Solid Energy was stock-piling coal destined for export until it got more information about its logistics network. It expected to issue force majeure notices to customers.
NZPA
Wed, 23 Feb 2011
Wed, 23 Feb 2011
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Companies continue to assess impact of quake
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