Skip to content.
Updated at 8:07 am on 11 November 2012
KiwiRail is concluding the sale of a major part of its Hillside workshops in Dunedin to a global metal-casting company.
The state-owned enterprise put the 130-year-old railway workshops on the market in May, expecting to sell them by August, but the deal has been delayed.
An announcement on the sale is expected on Tuesday but Radio New Zealand has been told Australian-based industrial firm Bradken is the main purchaser.
The international company already operates a metal foundry in Dunedin and sources say it would expand its operations by taking over Hillside's larger casting facility.
However the deal is for only part of the large South Dunedin site, and appears not to cover the train fabrication and project workshops.
KiwiRail is expected to maintain access to the site's heavy lifting crane.
The fate of Hillside's 120 workers is not clear.
Copyright © 2012, Radio New Zealand
Audio is categorised based on the frequency of the programme it was heard in. Click on the headings below to access the programmes. For the most recently published audio, go to the latest audio page.
Streams are in Windows Media format. Mac and Linux users may need to install additional software. Get help with audio
A selection of music interviews, reviews, videos, concerts, sessions, and performances.
Downloads and podcasts are available for selected programmes. Our podcast page has a complete list of feeds.
Help on using online audio: formats, software, podcasts, downloading, and troubleshooting.