Join our daily newsletter At The Bell to receive exclusive market insights
- Aluminium manufacturer Capral (CAA) says six employees test positive to COVID-19 over the past two weeks at its Campbellfield site in Melbourne
- Now, however, the employees have recovered well and will be able to return to work later this week
- Capral said it will continue to operate in Victoria during the stage four restrictions
- However, the company will close three retail and trade centres as it is not expecting a massive impact on demand
- On market close, Capral is down 3.85 per cent and is trading for 12.5 cents per share
Aluminium manufacturer Capral (CAA) says six employees test positive to COVID-19 over the past two weeks at its Campbellfield site in Melbourne.
Now, however, the company says the employees have all recovered and will be able to return to work later this week after receiving medical clearance. All other employees have returned negative COVID-19 tests.
“We have worked closely with the Victorian Department of Health (DHHS) in managing return to work on the Campbellfield site,” the company said.
Capral said it will continue to operate in Victoria during the stage four restrictions. However, operations will be strictly conducted under the High-Risk COVID Safe Plan.
The company’s aluminium product manufacturers and distributors are allowed to stay open during the pandemic — key industry player which are allowed to continue operations include residential building, heavy truck and transport equipment manufacturing, defence and security industries.
At present, Victoria accounts for around 20 per cent of Capral’s total production volume. Now, the company says it will close three retail and trade centres as demand is not expected to increase.
“As many customers are permitted to operate during Stage four, we do not anticipate a dramatic impact on demand. We will close our three retail/trade centres during this period. However, customers will have on-line access to supply,” Capral said.
On market close, Capral is down 3.85 per cent and is trading for 12.5 cents per share.
