Up to fifty jobs will be lost at Bushmaster manufacturing company, but what does it mean for other Defence contracts?

  • 📰 abcnews
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 83%

Business News News

Business Business Latest News,Business Business Headlines

The regional Victorian city of Bendigo is facing redundancies at one of its major employers. But defence manufacturers and business experts say it's not all bad news.

abc.net.au/news/threads-of-hope-fordefence-manufacturing-industry-in-regional-vi/102884274Defence industry manufacturers are holding out hope for new contracts in light of the revelation that around 50 jobs are slated to go from Thales Australia as it calls for voluntary redundancies at its North Bendigo factory.

Chief executive, Chris Dixon, said a new contract would run for the next 10 years and provide job security for the 150 families that have workers at the factory.ADA's Chris Dixon says a contract to supply the Australian Defence Force with uniforms would secure jobs for 10 years at its Bendigo factory.Professor Chris Stoltz is the director of Central Victorian Advanced Manufacturing at La Trobe University in Bendigo and works with the Bendigo regional manufacturing group.

He said there is a shortage of manufacturing workers in Central Victorian and suspects Thales Australia is speaking to other employers that are looking for skilled workers. Australian Defence Apparel workers look over fabric. The fabric is supplied from Bruck Textiles in Wangaratta in north-east Victoria.ADA makes around 700,000 uniforms a year and employs up to 264 people during times when defence forces or emergency services are deployed into war zones or natural disasters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PM and Victorian Premier’s social housing claims ‘business as usual’Shadow Housing and Social Services Minister Michael Sukkar says the Victorian Premier and Prime Minister's recent praise for social housing initiatives is merely 'business as usual'. He remarked that wait lists for housing in Victoria are 'longer than they've ever been'. 'This government, both at a federal level and state level, are not going to get any pat on the back from me,' Mr Sukkar told Sky News Australia. 'On every single measure, housing is getting harder and going backwards. 'First homebuyers are down, new home builds are down, new home approvals are down. 'Rents are skyrocketing.'
Source: SkyNewsAust - 🏆 7. / 78 Read more »