A New South Wales bus manufacturer looks set to close after laying off more than 120 staff this week, with their union laying blame on the State Government’s decision to buy vehicles overseas.
Key points:
- Custom Bus manufactures and assembles mass transport buses and coaches and has built some of the vehicles on the road now for Transport for NSW
- The company, based in the western Sydney suburb of Villawood, entered in to voluntary administration on January 18
- The union believes the company will close, while the administrators say they are still hopeful the company will sell
Custom Bus entered voluntary administration two weeks ago and the Australian Manufacturing Workers Union (AMWU) said 122 staff had been laid off.
The union said 109 production staff from their Villawood factory were made redundant before Australia Day, while another 13 walked off the factory floor for the final time today.
AMWU secretary Steve Murphy said the union organiser had been informed the business would close.
“Our delegate on the job is saying that they’ve been told the company will close,” Mr Murphy said.
The creditors met on Tuesday and a statement from administrators Worrells said they were hoping they would be able to sell the business.
At the time of…