Wellington, Feb 9 NZPA - While prominent boat builder Salthouse Marine Ltd has gone into receivership, with the loss of about 50 jobs, it is "business as usual" at three other Auckland boat industry companies bearing the Salthouse name.
Wellington, Feb 8 NZPA - Salthouse Marine Ltd, a historic and respected New Zealand maker of motor yachts, is in the hands of a receiver and is closing with the loss of about 50 jobs. Receiver John Price of HPL Partners said he was called in last Thursday by a private investor.
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