Wednesday, May 12, 2010

Austal closing Tasmanian factory - axing 116 staff

Interesting Austal statement today on closing their Tasmanian operations:

"We were trying to understand whether this trend was driven by the global financial crisis or more than that. We have concluded it is more than that. It is permanent and therefore we have had to make this decision."

Austal closing Tassie doors
Tasmania Mercury
SHOCKED workers at Austal's Margate shipyard have been told they will lose their jobs by September. Twenty staff were laid off without notice yesterday and ...
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ABC Online
Austal closes Tas factory, axes jobs
ABC Online
(ABC News: Sarah Bester) The shipbuilder Austal is closing its Tasmanian shipyard and sacking 116 staff. The Western Australian company says it will shed ...
Govt denies ignoring business plight
ABC Online
Lara Giddings says the Austal board would have made the decision to close regardless of what the Government offered. (ABC News: Sarah Bester) The Tasmanian ...
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Austal closes shipyard, 121 staff let go
WA Business News (subscription)
Shipbuilder Austal will close its Tasmanian operations at Margate in a few months leaving 121 employees out of work as the company amends operations ...
International Business Times AU
Austal shifts to small vessels; cuts jobs
International Business Times AU
Shipbuilder Austal confirmed on Wednesday it will have a total transformation as it discontinues its Tasmanian shipyard operations and terminates 116 ...
Austal to close its Tasmanian shipyard
Marine Log
Austal has announced what it terms "a rationalization of its Australian operations and workforce as a result of the impact of changed market demand ...
Austal closing Tassie doors
Tasmania Mercury
Austal took over the Margate yard from North West Bay Ships in February, 2007. The shipbuilder, which has lucrative defence contracts both locally and in the U.S. ...
120 ship workers axed
Tasmania Examiner
BY RACHEL WILLIAMS Austal sales and operations manager Andrew Bellamy told the ... Austal posted a $15.5 million half-year profit after income tax...

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