Another Australian Parts Supplier in Trouble
By Stuart Livesey on Jun 10, 2009 in General
The ABC is reporting that Trident Tooling and Trident Plastics, both located in South Australia, have gone into voluntary administration after a major customer failed to make a payment.
Which customer that might be has not been disclosed but Trident’s major customes are Holden, Ford and Mitsubishi.
Trident Plastics remains in operation and the administrator is optimistic that the company will continue to operate but the future for Trident Tooling is unclear.
it was Ford .. 3.4 mill .. witheld payment due to contractual obligations not met
Thanks John – seeing your email address that’s obviously straight from the ‘horse’s mouth’