The meeting has been called because of the announcement on Tuesday that the Supercoat Petcare factory will close in March.

Member for Northern Tablelands Richard Torbay, Inverell Shire Mayor Barry Johnston, a representative from New England MP Tony Windsor’s office, Inverell Chamber of Commerce and Industry president Andrew Cleaver, Supercoat plant manager Wes Sims and Nestle Purina general manager David Grant will attend the meeting at the Inverell Shire Council Chambers.

Mr Torbay called the meeting after speaking with Mr Grant in Armidale on Wednesday to discuss the issues that the closure will cause.

He has approached the State Government to broker a joint deal with Nestle to establish a fund in Inverell to attract new investment to the town.

The fund will be used in an attempt to attract replacement industry and jobs.

Mr Torbay said he was disappointed at the decision which will create a loss of 170 jobs including 58 permanent positions and affect many Inverell businesses that supply the factory including freight companies.

“Whilst it is the right of a private sector company to make its own decisions it is disappointing for the Inverell community which has shown such strong loyalty and support for the venture over many years,” he said.

“I spoke with the Minister for Regional Development Tony Kelly today and have asked for State Government assistance to help with the transition and create new business and job opportunities.

“If we can establish this fund it should be managed in partnership with the Inverell Council and the Growing Inverell Committee.

“Workers and their families and local businesses including freight companies will be left out on a limb unless action begins now, all options and new opportunities should be explored.