50 years ago

THE revived Hamilton industry, Wooltreat Pty. Ltd., will close in about two weeks. Its closure will put eight men out of work from July 17. It will also mean the third major setback to Hamilton City Council’s industrial expansion program within a month. A principal of the wool buying and processing firm, Mr. Wally Anderson, of Melbourne, is remaining silent over reasons behind Wooltreat’s closure. He told the Spectator yesterday, “I don’t wish to comment on it.” However, the Spectator has been told “eight or nine” men will be without work from July 17. Lack of Government support for decentralisation has been stated as a reason for the closure. Wooltreat is expected to announce officially within two days the termination of the business.