Workers at an Adelaide plywood firm face a four-month wait for entitlements after the company was placed in the hands of administrators.
Brown Wood Panels at Camden Park made plywood products for the construction industry and has distributors interstate.
The company went into voluntary administration on Thursday when its 47 workers were told they had lost their jobs.
The workers met with administrators this morning and were told they would not get their entitlements for at least 16 weeks.
Administrator Tim Clifton says it is another nail in the coffin for the struggling manufacturing sector.
"There's only as I understand it three main players in this game and this company was the smallest of the three and they're just not making any money," he said.
"The margins are so tight and the price per square metre just wasn't enough to make a buck out of it." Mr Clifton says the company's debt level is still being determined as efforts are made to help the workers find new jobs.
He says the company will go into liquidation in about four weeks.
"We'll try and sell the business, advertise it and sell it as a whole," he said.
"If not there'll be an auction.
Essentially all the assets get turned into cash.
That cash gets distributed in the right order which is employees first.
"After that we move down to the next level of creditors." 'Imports to blame' Some workers say they could see the end coming but were shocked nevertheless.
Sean Hurrell says he faces a struggle to support his wife and child.
"It's not going to be easy.
My wife does work but two wages down to one.
Some people have gone from one to nothing though," he said.
The Construction, Forestry, Mining and Energy Union (CFMEU) says it was notified last week about the company's decision.
Branch secretary Dave Kirner says the timing of the announcement will make it tough for workers to find new jobs.
"The union's going to try and place people in jobs but it will be a little bit difficult at the moment because it's the first past of the year and a little bit quiet," he said.
"Chinese imports is the big issue.
People are just buying the cheaper products from overseas and also there's just a lack of work in the building industry.
"The number of big builders that decide to use Chinese products rather than Australian products, that's having a major impact.
"State and Federal Governments when they're paying for big developments are letting the builders get away with using imported products and if you don't buy your local products, you'll lose jobs."