ABANDONED TEXTILE FACTORY (police came) #abandoned #Brisbane #exploringcrew

Vlog 54
Welcome back #exploringcrew to another #explore video. I apologise for the delay in the upload. Creating a new intro took longer than I planned but I hope you like it and the new style of editing I'm trying out.
##WARNING the police come here regularly so don’t bother trying ##
A former Brisbane textile mill, a major cotton supplier to the Australian textile industry, will be forced to wind down its Brisbane mill after rescue efforts failed to save it.
Up to 108 textile workers employed by the company are likely to lose their jobs, despite the efforts of unions and management to save the 60-year-old business.
The mill is one of three sites owned by a Brisbane textile company, with a further 100 staff employed at the company's mill at Moe and dye house at Tullamarine, both in Victoria, also under threat.
The company went into receivership on October 21 with debts believed to be around $10 million.
A auditing firm PriceWaterhouseCoopers, was appointed receiver and manager of the company, said the mill's 108 staff had been advised the business would be wound down over the next two to four weeks.
The plant will be placed in care and maintained while its assets are sold off in coming months.
The owner said escalating cotton prices had conspired against the company.
"The Mills had been hit by a range of factors including a steady rise in the price of raw cotton," The owner said.
"On top of this long term trend, prices have increased dramatically in recent weeks - by more than 60 cents per kilogram over the past week - due to recent pessimistic global harvest forecasts.
"These factors coupled with an inability to pass the price increases to key customers have substantially increased operating losses and made it extremely difficult to trade the Brisbane Mill during the receivership period. "In these circumstances, it is just not possible to keep the Brisbane mill running."
The owner said he understood the news would be "deeply distressing for Brisbane employees" but said the receivers were doing all they could to keep staff informed.
He said no guarantees could be given to staff regarding future employment at the company's other two sites in Victoria, where a decision on their future was still pending.
"Our intention over the next week or so is to continue to trade the Moe mill and Tullamarine dye house businesses while we examine the numbers and their viability in more detail and do whatever we can to find a buyer for property," The owner said.

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[ExploringWithBonnie]

Awesome video so much stuff left behind.

[emeliadoyle]

Very cool explore and love the new intro and the way you have edited this video

[lisasauer]

I have been here too! But I think you must have went into a different one to the one I did. I went to the big one where all the machines were in a row. There is a sensor in there but the cops didn't come when we went there.

[darrenhunt]

awsome place dude ive been there myself! very good find, ashame the cops came

[djpoetic]

Any cool places to play gel ball in like that tafe

[Maaya]

Just be aware that this place has been fully set up with alarms and 24 hour camera surveillance by the owner. If you enter you will get caught and fined. I would advise against it.

[scottyt]

Hi Shannon, Nice video, but I personally know the owners and the caretaker of this building and the others. Probably a good thing the police got you before the caretaker. To understate it, he's a bit over people breaking into the 'FULLY SECURE' building at all hours of the day and night and having to repair the holes. Also reading your Vlog 54, it's ambiguous as to whether you are connecting the building you filmed and the informational content. I can assure you that Gold Coast Textiles (the owner of this building) is not related to ANY of the information you have supplied other than your video of the inside of the factory. It is good advice you have supplied in that it isn't wise to attempt to enter the premises. As you discovered, the building is fully alarmed and has Live Feed video surveillance of which I've seen the footage of you inside on the night. If it's any consolation, the police said of all the photo hunters and videographers they have apprehended at the site, yours was the most sophisticated camera setup they have seen yet. You can delete this comment if you choose but it would be in the best safety and financial interest of of all potential trespassers to the site to be able to see this information.