Truck manufacturing and engineering firm Mills-Tui has been placed in the hands of liquidators, with its staff – said to number around 80 people – told late last week they were no longer required.
Queensland newspaper The Courier-Mail reports the company went into liquidation on Thursday, September 18, and that a termination notice provided by the company to staff stated the firm had 'insufficient funds' to continue operating.
Staff of the Narangba firm were told their employment had been terminated, effective immediately, although liquidators Tracy Lee Knight and William John Fletcher of Bentleys Corporate Recovery have said workers were expected to receive their entitlements.
A designer and manufacturer of specialised heavy vehicles, Mills-Tui was well known for its custom fit-outs in the fields of fire and rescue, ambulance services, defence and mining and resources, among others. It also completed a number of mobile health vehicles over the years, including the BreastScreenNT Bus (pictured) – an Isuzu-based truck offering a mobile breast screening service to remote communities through the Northern Territory, featured recently on trucksales.com.au.
A Mills-Tui worker told The Courier-Mail that staff had had their suspicions regarding the company's financial footing.
"We were getting [our account] put on hold with a lot of companies," he told the newspaper.
"In saying that, since I’ve been there, it’s been going off and on. They’d be on hold with companies, then we’d pay the bills and we’d be back on track again," he added.