Mitsu Aus Resructuring
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From: Perth, Western Australia
Mitsu Aus Resructuring
You all might be interested in this:
"Restructuring Announcement
May 21, 2004. Tokyo, Japan. MMC plans to reduce its production capacity by 17% and had the following to say about its Australian operations: "MMC will also wind down operations at its engine manufacturing plant in Australia in 2005. However, today's revitalization plan confirms MMC's commitment to continue its manufacturing operations in Australia and the production of a new model in 2005."
"May 20, 2004. The industry minister, Ian Macfarlane, is ready to help workers find new jobs. Employees have been briefed and it is confirmed that the Lonsdale engine plant will close down. Tonsley will offer voluntary severances. New car model sales will be monitored until 2007 and depending on that figure future decisions will be made. news.com.au earlier reported that unless the plans are changed in the eleventh hour, engine plant will close in 18 months to two years, losing 650 jobs. Assembly plant will remain open, saving 2700 jobs, to market 2005 model and prove its viability. However, another report hinted at 'phasing out' of entire Australian operations by March 2012."
THX1138
"Restructuring Announcement
May 21, 2004. Tokyo, Japan. MMC plans to reduce its production capacity by 17% and had the following to say about its Australian operations: "MMC will also wind down operations at its engine manufacturing plant in Australia in 2005. However, today's revitalization plan confirms MMC's commitment to continue its manufacturing operations in Australia and the production of a new model in 2005."
"May 20, 2004. The industry minister, Ian Macfarlane, is ready to help workers find new jobs. Employees have been briefed and it is confirmed that the Lonsdale engine plant will close down. Tonsley will offer voluntary severances. New car model sales will be monitored until 2007 and depending on that figure future decisions will be made. news.com.au earlier reported that unless the plans are changed in the eleventh hour, engine plant will close in 18 months to two years, losing 650 jobs. Assembly plant will remain open, saving 2700 jobs, to market 2005 model and prove its viability. However, another report hinted at 'phasing out' of entire Australian operations by March 2012."
THX1138
