Drivetrain Systems International: Difference between revisions
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Revision as of 07:33, 17 August 2010
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| Industry | Automotive components |
|---|---|
| Headquarters | Springvale, Australia |
| Products | Gearboxs and powertrains |
Number of employees | 167 |
| Parent | Geely |
Drivetrain System International is an Australian drivetrain constructor based in Springvale, Victoria with manufacturing facilities in Albury, New South Wales.[1] Currently, it produces drivetrains for Ford, Chrysler, Geely and SsangYong.[2]
In 2009, the company entered bankruptcy protection, mostly due to the bankruptcy and halt of production of its main customer, SsangYong. An effect of this was the loss of 230 jobs at the Albury facilities, with 167 jobs remaining. The workers were eligible for the Australian Government's General Employees Entitlements and Redundancy Scheme, however, this will only provide 16 weeks pay, whereas some staff have lost up to 100 weeks pay.[3]
References
- ^ http://www.ferrierhodgson.com/en/Current%20Matters/Corporate%20Recovery%20Matters/Drivetrain%20Systems%20International%20Pty%20Ltd.aspx
- ^ http://www.themotorreport.com.au/25152/geely-buys-drivetrain-systems-international
- ^ http://www.theaustralian.com.au/news/nation/jobs-go-at-gearbox-factory/story-e6frg6nf-1111118961770