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PostPosted: Mon Mar 22, 2010 10:29 pm 
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Joined: Mon Apr 26, 2004 6:31 pm
Posts: 4663
Location: Sydney - strangely, I am glad of the sight of hills!!
As far as I can tell the ACL administrators have decided to trade out of the current position. However 6 months ago this was not clear, and I suppose Lindsay decided not to take the risk that they would be able to supply bearings for british cars in the future even if they did manage to keep trading.

I though that Federal Mogul did buy a place in Melbourne or Adelaide that was on the brink of collapse when Mitsubishi went under, and Ford just closed a component plant in Sydney last month.

cheers
michael

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