28 Aug 2012

Workshop sale expected soon

7:27 am on 28 August 2012

KiwiRail hopes to complete a sale of the Hillside workshops in Dunedin in about a fortnight.

The foundry at Hillside.

The foundry at Hillside. Photo: RNZ

The company says interested buyers are going through due diligence checks and a sale should be concluded in about two weeks.

The Rail & Maritime Transport Union considers the chances of selling the workshops are good.

Sources confirm buyers are mainly interested in a metal-casting foundry at the site. Other parts such as train building may close.

KiwiRail's business plan last week showed the company intends to close Hillside if it does not sell.