The union representing workers of a north-west carpet weaving company is not optimistic about the future of the business.
Tascot Templeton Carpets in East Devonport has gone into administration after orders dried up.
The company has received a total of $3.5 million in State Government grants since 2006 to help it stay afloat during the global downturn.
Mark Edwards of the Textile, Footwear and Clothing Union says it does not look good.
“The news I’ve had, and discussion I’ve had, it doesn’t sound promising but while they’re still there, there’s still hope,” he said.
Devonport Mayor Lyn Laycock says the region can’t withstand any more job losses.
“It’d be devastating for the community, not just of Devonport but people are employed at Tascot from surrounding municipalities and of course with the recent job losses through our two mills on the north-west coast, it’s not good news,” she said
It is another economic blow for the north- west, where hundreds of jobs have gone in the paper and vegetable processing sectors.
Economic Development Minister Lara Giddings says the Government is prepared to provide further assistance.
Labor’s Federal member for Braddon Sid Sidebottom says the Federal Government has offered to support the company.