Despite the denials, it does not look good.
Several months ago the ABC broke the news that Mitsubishi was looking at plans to shut down their production lines in Adelaide. Of course that brought a flood of denials from Mitsubishi and the government.
Then the ABC broke the story again when they had further information and once again they were howled down with denials from every man and his dog.
And now the federal Industry Minister and the South Australian Treasurer are in Japan today seeking assurances from Mitsubishi management that they are not going to close the plants.
Seems that a hint of smoke has developed into something much more serious.
Didn’t the federal government give Mitsubishi a multi-million dollar handout earlier this year to help with research?