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It is an indictment of the success of the HBRC’s promotion of the Ruataniwhia Dam that Cedenco Foods has announced that it is closing it’s Whakatu plant and moving to Gisborne at the expense of about 100 local jobs. I thought the dam was supposed to encourage processors to move to town. It is clear to me that Cedenco has done the numbers and they don’t agree with those touted by HBRC. The major difference of course, is that Cedenco would be spending their own money to invest in the Hawkes Bay whereas HBRC is spending someone else’s – ours.