RCR is ‘do­ing the right thing’

South Western Times - - News - Kate Field­ing

The wife of a long-stand­ing Bun­bury RCR Tom­lin­son worker has de­fended the com­pany’s han­dling of its col­lapse.

Ad­min­is­tra­tors are work­ing on se­cur­ing deals to sell the failed engi­neer­ing com­pany’s busi­nesses fol­low­ing its col­lapse last month.

The com­pany has had strong ties in the South West since its es­tab­lish­ment in 1979 and has em­ploy­ees in Bun­bury and at the Green­bushes Lithium Mine.

The wife of a worker who has been with the Bun­bury com­pany for 17 years told the South Western Times that while her fam­ily was on ten­ter­hooks, the com­pany was “do­ing the right thing”.

The woman did not want to be named, but said it was im­por­tant the com­mu­nity knew that work­ers were be­ing looked after.

“They have been paid and they have been told what is go­ing on,” the woman said. “The hi­er­ar­chy are try­ing their best, noth­ing is be­ing kept from the guys.”

It comes as man­u­fac­tur­ing union State sec­re­tary Steve McCart­ney told the Times last week that some work­ers had no in­di­ca­tion the com­pany was in jeop­ardy and there was lit­tle in­for­ma­tion avail­able to em­ploy­ees.

But the woman said while there was some con­cern, the com­pany should be given a chance.

“We’re wor­ried he might be made re­dun­dant, but we just hope who­ever does take it over will keep him on and give him his en­ti­tle­ments,” she said.

Ad­min­is­tra­tors from McGrathNi­col this week re­vealed the con­trac­tor’s debt ranged be­tween $480-630 mil­lion. That in­cluded about 4000 unse­cured cred­i­tors owed be­tween $100-250 mil­lion and RCR’s 2800 em­ploy­ees $32 mil­lion.

A McGrathNi­col spokesman said fund­ing had been se­cured to sup­port on­go­ing trad­ing and more than 180 re­sponses had been re­ceived through ex­pres­sions of in­ter­est.

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