Australian upholstery supplier Teson Trims is struggling to survive, despite winning a contract from Toyota Motor Corp. Australia Ltd. for the soon-to-be locally built Camry Hybrid. Teson Trims also has a contract to supply upholstery to Ford Motor Co. of Australia Ltd., but Ford is laying off 350 workers and cutting production between 15,000 and 20,000 vehicles a year. Within days of telling its 130 workers it was having financial difficulties, Teson Trims called in administrators to ...
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