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Napthine to hold crisis talks with SPC Ardmona

Victorian premier Denis Napthine was this morning unable to say how much money the state could commit to SPC Ardmona.

January 31, 2014 10:43am

UPDATE. 12.15pm: Victorian Premier Denis Napthine has tried to call Prime Minister Tony Abbott to express his disappointment over his refusal to provide a $25 million investment in SPC Ardmona.

Dr Napthine emerged from talks with SPCA management at the Shepparton plant this morning still positive about the food processors future but unable to say how much money the state might now commit or what project it would be used for.

Asked whether the Victorian Government would put in the entire $50 million to back SPCA Dr Napthine said the state had only ever been asked for $25 million and the Commonwealth decision yesterday was a ‘‘game changer’’.

‘‘That changes the dynamics of the proposal and we want to now reconsider, as SPCA and Coca Cola Amatil will reconsider their position, and what we need to do is in that reconsideration have productive discussions, positive discussions with the aim of trying to preserve this production company and jobs in the Goulburn Valley,’’ he said.

For more, see tomorrow's Shepparton News.

 

10.43am: Victorian premier Denis Napthine is in Shepparton this morning holding crisis talks with SPC Ardmona.

Dr Napthine will also meet with Greater Shepparton City Council leaders, local workers and fruit growers.

He is expected to hold a press conference later this morning.

Coca-Cola Amatil was seeking a $25 million contribution from the Federal Government to upgrade its product development facilities.

The plan would have included an additional $25 million from Victoria and $150 million from parent company Coca-Cola Amatil, but the funding proposal was yesterday rejected by Prime Minister Tony Abbott.

For more, see tomorrow's Shepparton News.

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