Assets at old ACL Launceston factory removed to be shipped overseas

Machinery and equipment assets are being removed from the
former ACL Bearing site in Launceston.

The ABC reports that the former company, whose closure was announced last year, was having its machinery, including giant presses, removed
to be shipped to overseas buyers including ACL Distribution in the US.

ACL Bearing’s plants were sold to an Indian buyer, which
is re-selling some of the equipment.

A former worker at ACL, Michael Murray, said it was “sad and
nostalgic” to see after 29 years with the company.

“The presses are no longer required in
Australia so the Indians have bought all of the equipment and it’s being
transferred back to India to be relocated and set up over there,”
he told the ABC.

Receiver managers had run ACL Bearing since August 2009, and the company shut up in June this year, with 136 jobs gone.

Ford was one of ACL’s major customers, and the car maker’s
demise – it will itself stop manufacturing in 2016 – was a factor in ACL’s

Image: ABC

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