RCR stream flows to Avid

INDIAN resources house AvidSys Group has scooped up collapsed engineer RCR Tomlinson’s Western Australia-based power, water and resources businesses, saving 160 workers’ jobs.

RCR stream flows to Avid RCR stream flows to Avid RCR stream flows to Avid RCR stream flows to Avid RCR stream flows to Avid

The RCR name is relegated to history as AvidSys swoop in.

RCR Tomlinson called in the administrators late last year after blowing out its balance sheet with an ill-considered move into solar power, leaving creditors with a $435 million headache.