Heinz is an American company, it's been known for 12 months they were pulling out. They are going to NZ and import tomatoes from south Asia.
Their parent co is in NZ.

Wobbles,

No company that is very profitable is going to fold and move overseas because of the carbon tax, they will simply be less profitable. Those that are presently marginal are the ones that will move from just in the black into the red.

The excuse from Labor is that the companies were struggling and probably would have closed anyway. This may be true for some, but there are many that will fold that would have hung on otherwise.