FORGACS says it is sliding into the ‘‘valley of death’’ but the federal government has warned that it won’t be coming to the rescue of the firm and its 910 workers.
The Newcastle shipbuilder’s chief executive Lindsay Stratton said yesterday the firm would have to lay off more than 900 skilled workers in 18 months unless the federal government made a decision on future naval hardware projects
Yep, without goverment monies nothings going anymore, but where also the orders from private companies for ships ??? Did'nt T.Abbott say some weeks after Toyata closedown.... look at the city of Newcastle how the manage the transformation from the BHP steelworks closure !!!!
