Adelaide manufacturer shuts doors

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An engineering and manufacturing business in Adelaide has collapsed, leaving 120 employees out of work.

According to The West Australian Priority Engineering Services spent big over the past few months, vying for new contracts that could have doubled its workforce.

Owner Peter Paige said the company simply ran out of time, but if the business is sold soon the site could be back in operation.

Because of the prospect of the site re-opening workers have been told not to go out looking for new jobs, and a small section of the workforce will return this week to finish existing projects.

The company said it had asked the State Government for financial support but had been knocked back, and the Government said it provided the firm with a $200,000 grant last year.

Priority Engineering also has outlets based in Malaysia, and works across the automotive, mining, metal stamping, materials handing, and process control sectors.