Business

‘No truth’ to Downer EDI factory sale rumours

A SPOKESMAN from Downer EDI has denied rumours the Maryborough factory will soon be sold to Caterpillar.

Michael Sharp, Downer EDI's group head of corporate affairs and investor relations, said there was "absolutely no truth" to the rumours.

In August, it was announced 14 planned redundancies would go ahead as the Sunlander project came to an end, but Mr Sharp said no further redundancies were planned at that time and Downer EDI in Maryborough would continue to operate as usual.

Three employees volunteered for redundancy and 11 others were told their roles had been made redundant.

Topics:  caterpillar, downer edi, factory, maryborough, sale




URGENT: Why you must update your iPhone iOS settings now

Apple is urging iPhone and iPad users to do an urgent update of their software for security reasons.

Hackers have found a way to break into every iPhone in the world.

Why haven't we learnt that blackface is never a good idea

Nic Naitanui says the blackface incident is an opportunity for growth and education.

It's 2016. Why are people still doing this?

How mum wrestled roo to protect her little girl

MOB: Some of the 93 kangaroos that live in a paddock on Dougan St, Point Vernon.

The toddler suffered internal injuries from the kangaroo attack

Latest deals and offers

Twice as much Troy will please country music lovers

CATCH HIM WHILE YOU CAN: Singer Troy Cassar-Daley plans to take some time off to spend with family next year.

TROY Cassar-Daley is releasing a new album and book.

Courtney Stodden gets Reborn Doll

Courtney Stodden is trying to get over her recent miscarriage

Kate McKinnon 'destitute' before SNL

Kate McKinnon says she can't do anything but act

FBI investigating Leslie Jones website hack

The FBI are investigating Leslie Jones' personal website hack

Katy Perry: 'I stay normal with therapy'

Katy Perry says she relies on therapy to help her 'stay normal'

World's highest-paid actor revealed

The highest-paid actors in the world have been revealed

REVEALED: Pat Rafter's $18m Coast house on the market

Check out the photos of the Coast's most expensive property for sale

The "correction we had to have" in Gladstone's rentals

UPWARD MARCH: The rental vacancy rate in Gladstone has improved for the first time in more than a year, providing a confidence boost in the market.

Vacancy rates improve with signs that things are getting betterF

ISLAND FOR SALE: Cheap Fraser Coast island drops price again

Suna Island in the Great Sandy Strait will be auctioned by Ray White Hervey Bay on Saturday morning.

This is the cheapest island you will find for sale in Australia

How a family home can fit on a 250sq m block

This is what you can build on 250m2.

Here's the floor plan of a home built on 250sq m

$100m plan for Curtis Island 'world class' luxury resort

$100 million resort: Top views at Turtle Street at Curtis Island.

"At the moment we think it meets all the town planning approvals.”

Noosa mayor on "red alert" over planning court decision

Mayor Tony Wellington hands down his first budget.

Mayor upset at lack of say about look and feel of Noosa