Alvey Reels set to close Australian-owned company due to cost pressures - ABC News


5/26/2022 12:00:00 AM2 years 11 months ago
by Jessica Hinchliffe

The owner of an Australian reel manufacturer says he will close his 102-year-old company rather than have his products made offshore after supply chain issues and "drastic cost increases" forced his hand.

After fighting to remain open, the century-old Australian-owned Alvey Reels is set to shut its doors due to cost pressures and the lack of supplies needed to manufacture their handmade fishing reels.… [+3724 chars]

full article...