KEPPEL Prince Engineering has slashed a further 24 employees from its workforce and will close its wind tower manufacturing division within the next two weeks.
Company general manager Steve Garner informed the workers of the decision on Monday.
A slowdown in the economy combined with no new wind farm contracts has been blamed for the job losses.
Mr Garner said the job losses were forced redundancies and were effective from today.
“There will be between 15 and 20 workers who are currently in our wind area who will be redeployed to other parts of the company in Portland, and we will retain 40 workers who we deem as critical should the wind area start-up again,” he said.
“Those 40 will remain working in the area where the wind towers are currently manufactured, but in the meantime will be doing sheet metal work.”
The company has now shed 50 workers in the past two months – 26 of those taking voluntary redundancies offered by the company earlier this year.
Read more in Wednesday’s edition of the Portland Observer.