CSR: sale of Viridian interests buyers

CSR, the building products group, has given a multi-government group more time to find a buyer for its Viridian automotive glass business at North Geelong.
As reported by Frank Vari, Construction, Fo…

CSR, the building products group, has given a multi-government group more time to find a buyer for its Viridian automotive glass business at North Geelong. As reported by Frank Vari, Construction, Forestry, Mining and Energy Union assistant state secretary, it is understood that four to six companies have expressed an interest to take over the business as a going concern, saving 115 jobs, including 80 in Geelong. My understanding is they have given us a period of grace to try and find a buyer, he said. Potential bidders are still out there. We“re working feverishly to find them. He said four were definitely on the table. We want CSR to heed the call and do the right thing by our members and our industry, he said. The union will not leave any stone unturned when it comes to protecting and saving our members“ jobs. Geelong Trades Hall Council secretary Tim Gooden said at the beginning of April 2009 that CSR wanted to sell the North Geelong factory land to a building developer for a marina and resort. Viridian is the last automotive glass manufacturer in Australia and has Toyota as one of its major customers.