$1.2m Govt backed Trade Mailing closes

摘要

Little more than a year after opening with the aid of a $1.2m government grant Toby Pitt's Trade Mailing business has closed its doors. The Geelong based business operated out of a 2,500sqm premises with its 14 staff - now made redundant -manufacturing and printing letters for direct mail campaigns. Pitt is reported as saying that the 'market was not yet ready for the technology' and said that 'not enough clients took up the concept' which proved deadly for his company.