AUSTRALIA: Knitting Mill Fails To Sell
Efforts to locate a buyer for Tamar Knitting Mills in Launceston have been unsuccessful in mid-May 2001. Liquidator, Steven Hernyk, of Deloitte Touche Tohmatsu, said equipment and looms from the mill will be auctioned in late May 2001. The company was placed into administration in early 2001, after standing down its workforce in November 2000. Mill owner, Ian Thompson, had previously indicated it had received 10 expressions of interest in the business.
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