Bendigo foundry closes as parent company collapses, 70 jobs lost
Keech Castings foundry in Bendigo is closing immediately. It affects up to 70 workers. This happened after parent company Derwent Industries failed.
Workers at Keech Castings learned Friday the foundry is closing immediately. The facility opened in 1934 and employed about 60 to 70 workers who made steel castings for mining and other industries.
Parent company Derwent Industries went into administration in September. Receivers decided the Bendigo and Hobart foundries cannot be sold.
Layoffs are expected after staff talks. The company was put in the Victorian Manufacturing Hall of Fame in 2015.
- 60 to 70
- Workers affected
- 1934
- Founded
- October 5
- Closure date
- Voluntary administration
- Parent company status
Why it mattersThe closure removes a major manufacturing employer from central Victoria. It shows how weak regional manufacturing is.
AustraliaUp to 70 Bendigo workers are losing their jobs in a manufacturing closure, affecting the city's industrial base and local employment.
✓ Claims checked against the source and corrected before publish. checked 1 h ago
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