Operations
The move to expand its base into mainland operation began with the acquisition of Auspine in 2007. In September 2010, Gunns announced that it will end logging of old growth forests and move to plantation timber. In November 2011, the Gunns Mitre 10 stores were re-branded as Beck's Home Timber and Hardware, owned by the Danks Brothers Hardware Group, subsidiary of Woolworths Limited.
Gunns was placed into voluntary administration on 25 September 2012, after it was unable to raise further capital or restructure the business.
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Famous quotes containing the word operations:
“There is a patent office at the seat of government of the universe, whose managers are as much interested in the dispersion of seeds as anybody at Washington can be, and their operations are infinitely more extensive and regular.”
—Henry David Thoreau (1817–1862)
“You can’t have operations without screams. Pain and the knife—they’re inseparable.”
—Jean Scott Rogers. Robert Day. Mr. Blount (Frank Pettingell)
“It may seem strange that any road through such a wilderness should be passable, even in winter, when the snow is three or four feet deep, but at that season, wherever lumbering operations are actively carried on, teams are continually passing on the single track, and it becomes as smooth almost as a railway.”
—Henry David Thoreau (1817–1862)