Cairns Slipways boss says jobs safe
THE manager of a Cairns ship building firm says his 75 staff will keep their jobs despite its parent company going into voluntary administration.
Cairns Slipways manager Barry Moore said the company would continue operating after its owners, the Provik Group, went into voluntary administration yesterday.
"It is business as usual and all jobs are safe," Mr Moore, who has worked for the company for 30 years, told The Cairns Post last night.
"It is a viable business and this firm has been called in to look at ways to improve it."
The multi-million dollar luxury vessel repair business is now in the hands of corporate recovery firm McGrathNicol.
Receivers have also taken over an industrial marine facility at Brisbane’s Hemmant site which has six staff.
McGrathNichol has been appointed as receivers and managers of 17 companies that comprise the Provik Group.
KordaMentha has been appointed the group’s administrators.
Employees, customers and 360 creditors of the Provik Group will be given a full explanation in Cairns and Brisbane this morning.
McGrathNicol spokesman John Cronin said the group would continue serving its customers and tenants.
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