Region. Firm in receivership

A restructuring of clothing manufacturer, Fletcher Jones, which has been placed in receivership, could result in the closure of some or all of its 44 stores – two of which are in Campbelltown and Rouse Hill – ahead of a sale that administrators, Cor Cordis, hopes to have wrapped up by January. The company has annual revenue of about $25 million.

Granville. Industry reputation affected

Paper merchants expect the collapse of Australian Envelopes, which has a facility at Granville, to hurt the industry's reputation with insurers, as unsecured debts exceed $10 million, including $6.5 million owed to Australian Paper. According to PPB, the administrator is working through a number of expressions of interests from potential buyers and the fate of Australian Envelopes could be revealed at the next creditors meeting on 26 July.

Granville. Administrators called in

Australia's largest supplier of envelopes, Australian Envelopes, which has one of its six factories in Granville, has called in the administrators. The company is a major supplier to the country's biggest mailers, including the likes of Salmat, Stream Solutions, Geon, Blue Star and Ergo Asia. Its products are used for multimillion-piece contracts such as Commonwealth Bank, Westpac, the ATO and Centrelink. The first creditors' meeting has been scheduled for 11 July."