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Engineering firm could sack 120, 30 laid-off already

Over 120 employees could be laid-off at wind turbine company, Keppel Prince in Victoria, due to a severe downturn in business, said a report from the ABC.

At least 30 employees will be culled this week alone, said the Portland-based company which makes towers for wind turbines in the renewable energy business.

It said the slowdown in business was due to delays in finalising Federal Government incentives for the renewable energy industry, the ABC reported.

Keppel Prince managing director, Steve Garner, said he is holding meetings this week about a contract which would secure employment for the company’s hundreds of other workers.

“We’d certainly have a minimum of 120 at risk. We’ve been working on this contract for quite some time now and it’s one that we’re really hopeful that we can secure,” he told the ABC.

“It will be the lifeline for us for certainly the rest of 2009.”

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