Minto. Government saves 40 jobs

NSW Treasurer and Minister for State Development, Eric Roozendaal, has saved 40 jobs after the Government secured the assets sale of Minto food company Quality Ingredients. Mr Roozendaal said Quality Ingredients was in receivership and faced an uncertain future but has now been purchased by Wetherill Park-based company, New Food Coatings. Workers have accepted offers to move across to New Food Coatings early next year. The Government stepped in to broker the deal as it was feared the Quality Ingredients business would move interstate resulting in the loss of local jobs. Mr Roozendaal said NSW’s processed food and beverage sector is the State's largest manufacturing industry and an important employer with over a fifth of the State’s manufacturing workforce. “In 2006-07, this industry turned over about 20 per cent of NSW’s total manufacturing output,” he said.