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<h2>Iconic Australian company goes out of business as market share is devoured by Chinese competitors</h2>
<p><span class="mol-style-bold">The Aussie company Hills goes bankrupt after a court defeat</span><br />
<span class="mol-style-bold">The maker of the Hills Hoist had a net loss of $23.9 million in 2022</span></p>
<p class="author-section byline-plain">By Ben Talintyre For Daily Mail Australia </p>
<p><a href="https://whatsnew2day.com/hills-hoist-goes-into-administration-after-bitter-court-battle/">Hills Hoist goes into administration after bitter court battle</a></p>
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