InSnip
Today's ten

Story one of ten today, about five minutes for the lot

Industrial manufacturing facility with reception building, tall processing towers, metal railings and blue signage
✓ The CourierMoney & Work1 min read

Bendix will soon have new owners after parent enters administration

Bendix brake manufacturer will be bought by new owners. Its parent, FMP Group, entered voluntary administration on October 26.

Bendix will soon have new owners after its parent company FMP Group entered administration. More than 100 workers at the Delacombe factory will keep their jobs.

The plant will operate unchanged during the transition. FMP Group's US owner, First Brands Group, entered liquidation in August.

This hurt FMP Group. Bendix made brake parts at the site for 70 years.

It survived Australia's auto industry collapse. New ownership will let Bendix run on its own in Australia and New Zealand.

More than 100
Workers at Delacombe
70 years
Manufacturing history
1955
Founded
October 26
Administration date

Why it mattersProtects over 100 manufacturing jobs in regional Ballarat. Keeps a decades-old local employer operating.

AustraliaA significant Ballarat employer and regional manufacturing asset survives, preserving skilled engineering and design jobs in the region.

✓ Claims checked against the source and corrected before publish. checked 2 h ago

Open this story in InSnip

The other nine are in the app.

Today's ten in a swipe, offline, and it ends. Free.

  • Deep diveFollow a story beat by beat, and see how it actually unfolded.
  • Ask the storyAsk a question about any story and get an answer built from its own sources.
  • Your library, keptYour streak and everything you saved, kept together on your phone.
Get InSnip free →
Download on the App StoreGet it on Google Play

Or read the other nine in the browser →

That is one of today's ten.

The rest takes about five minutes, and then you are done for the day.

Read the other nine →

Free, no account needed. Australian news, every claim sourced.

Tomorrow's edition, 7am

The day's stories in one free email. No noise, unsubscribe anytime.

One email a day. Pure signal, no noise.

More Money & Work on InSnip →

Today's Daily Brief: ten stories in five minutes →

InSnip, free on your phone

QR code linking to https://insnip.com/get

Point a camera at the code and the right store opens.insnip.com/get

Download on the App StoreGet it on Google Play
The other nine are in the appFree, offline, ends at ten Get the app