NEWCASTLE motorcycling identity Graeme Boyd says the worst market the conditions his industry are to blame for the liquidation of the business he has run under his own name for more than 20 years.
Mr Boyd, who has also been an enthusiastic promoter of moto-cross events in the Hunter over the years, said that if there was any hope of the market recovering he would have tried to keep trading. But things were getting progressively worse and he was left with no option, financially.
Liquidator Brad Morelli of insolvency specialists Jirsch Sutherland said he was appointed on Monday and shut the Maitland Road, Islington, business the next day.
He said the companys 15 employees had been laid off and they would have to apply to the federal governmen…
Read the full article at: http://www.theherald.com.au/story/5523513/graeme-boyd-motorcycles-goes-into-liquidation/