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Colin Mackenzie appointed NZ Yarn CEO
15
Jul '16
Former Cavalier boss Colin Mackenzie has been appointed chief executive of NZ Yarn which manufactures and markets high quality wool spun yarns for the carpet industry worldwide.

Mackenzie who left Cavalier last November with a termination payment of $470,000, is offering jobs to other textile workers facing redundancy.

Mackenzie is recruiting about 15 textile workers from Radfords, a subsidiary of Cavalier, which is restructuring with the loss of 36 jobs at its Hornby plant. He has extensive experience in the textile and manufacturing sectors, and for companies servicing local and export markets.

The appointment of Mackenzie follows the restructure of NZ Yarn in 2014, when it was rescued from receivership in a buyout led by Carrfields and supported by other well known Cantabrian investors such as Michael Mellon. McKenzie will also act as a consultant for Carrfields Primary Wool.

The new CEO said taking the company to the next level included a programme to develop the product range especially for the North American market.

Mackenzie said NZ Yarn had few direct rivals after Summit Wool in Oamaru sold its spinning plant in 2013. (SH)

Fibre2Fashion News Desk – India

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