Bremworth Limited advised that Cyclone Gabrielle had impacted Napier yarn spinning plant - with initial assessments confirming flooding at the site - and that a further update will be provided following a detailed assessment. Bremworth is now able to advise as follows having completed a preliminary site assessment: There was widespread and extensive flooding throughout the Napier plant. The company can confirm all of people have been contacted and are safe.

Napier is a key plant, supplying yarn to the carpet operation and dyed fibre to the Whanganui yarn plant and is likely to be offline for a yet to be determined, but significant, amount of time, and while the company has inventory to meet current demand, The company will be switching to alternative sources. Representatives of insurers have visited the plant and the company has commenced appropriate discussions. The company will commence clean up as soon as The company is able to gain full access to the site and will provide a further update once The company is able to complete a detailed assessment.

Thoughts are also with the residents in the Hawke's Bay and Gisborne regions who have been impacted by Cyclone Gabrielle.