TAS: Cash-strapped Incat declares business as usual
By Don Woolford
HOBART, Feb 26 AAP - Hobart shipbuilder Incat today declared "business as usual" despitesevere cash-flow problems and the federal government's refusal to help it.
Managing director Craig Clifford said there were no immediate plans to shed more staff,but all aspects of its operation were under review.
While admitting to severe short-term problems, Mr Clifford insisted that Incat's futurewas bright with sales likely to the United States military and overseas commercial operators.
Incat's giant catamaran ferries were one of Australia's export success stories …
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