by Sahar Foladi
An industry leader cabinetry and joinery company in Dandenong South has been shut down after entering voluntary administration.
The manufacturer, MadeCo made the initial move on 18 March and the business shutdown two days later which impacted over 30 MadeCo staff members.
On Sunday 24 March the company made a public announcement of their voluntary administration on Facebook and apologised to their stakeholders.
At MadeCo weve weathered many storms but unfortunately some waves hit harder than others. The challenges brought on by the pandemic were tough enough and the recent downturn in the residential cabinetry market coupled with the closure of two major account clients has made our journey even more arduous.
We made th…
Read the full article at: https://dandenong.starcommunity.com.au/news/2024-04-01/cabinetmaker-shuts-its-doors/