Thu, 08 Jul 2010 | ADMINISTRATION
Perth-based building firm, Clachan Construction Ltd, has collapsed, blaming a general downturn in the construction industry.
All 200 of the company's staff, who work at central Scottish sites including Longannet Power Station and Stirling, are expected to be made redundant.
Joint receiver Claire Middlebrook said, "The directors of Clachan Construction asked the Bank of Scotland to appoint receivers for the business on Tuesday at 6pm. Unfortunately it looks like most, if not all, of the company's workforce will be made redundant."
Receivers Henderson Loggie said they were currently in the middle of assessing the company's position.
Meanwhile, Mid Scotland and Fife Tory MSPs Murdo Fraser and Liz Smith have called on the Scottish Government to make PACE (Partnership Action for Continuing Employment) services available to help those who face losing their jobs.
Mr Fraser said, "The news that Clachan Construction Ltd has gone into receivership will be a huge blow to the local economy in Perthshire. With people being made unemployed each week, help is needed now for the unemployed and hard-pressed employers across Scotland.
"I, along with my colleague Elizabeth Smith, have contacted SNP ministers to ask for PACE support to be sent in to help respond to the redundancy situation,” he added.
A well-established UK distributor renowned for high-quality bicycle components and accessories, serving both retail and trade customers nationwide, is available for acquisition.
This well-established specialist glazing business in Derbyshire boasts over 30 years of success, supported by a well-presented showroom and ample storage.
This well-established car sales and garage business in Nottinghamshire offers a superb reputation supported by positive online reviews and occupies a prominent position on a main road in Worksop.
27
|
Jun
|
Carlisle construction firm saved from potential insolvency by acquisition | BUSINESS SALE
Carlisle-based construction contractor Cubby Construction ha...
27
|
Jun
|
Construction services provider acquires roof maintenance firm | BUSINESS SALE
Construction and facilities management services provider Pre...
27
|
Jun
|
Administrators exploring options after collapse of computer hardware firm | ADMINISTRATION
A computer hardware company based in Nottingham has fallen i...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.