Just noticed on the ABC news channel in the lunchroom that SPC is going to be kept afloat with a State Government subsidy. The plant in question is the biggest one in the country.
Just noticed on the ABC news channel in the lunchroom that SPC is going to be kept afloat with a State Government subsidy. The plant in question is the biggest one in the country.
You got to love the way companies play the system. How much we can squeeze for free. SPC Ardmona is owned by Coca Cola Amatil, hardly a company running short on cash and more and more taking over Austria (yes, Austria!) It's simple, if you can't run your company at a profit, sell it or close it. I'm all for locally made government competitive concessions, but not cash handouts. Even more-so when the parent company can support it.
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