Australian Mercantile Collections

150 jobs at risk as company faces $20m debt

150 jobs at risk as company faces $20m debt

It’s a big player in a key industry for Australia but its now looking for a bailout as its hit by a spate of problems affecting the sector.

Lutum is one of three manufacturers of roofing tiles in Australia and employs approximately 150 people.

It supplies roofing tiles and masonry products across Australia with manufacturing sites in NSW, Victoria and South Australia.

The company was previously a part of Boral, one of the largest construction materials manufacturer in Australia,…

View the full article to continue reading…