New jobs at a doomed Doncaster firm

Business
Business
0
Have your say

Administrators at a doomed Doncaster manufacturing company which made 98 redundant have created 14 jobs by splitting it into three new firms.

Norking Aluminium, which went into administration on April 4, has been sold as three independent companies.

Two were trading arms of the parent company.

APCO produces signage systems and FOGA supplies Swedish modular display systems, both hold UK distribution rights.

The third company, Mettech Fabrications Ltd, is a new venture manufacturing press metal work, aluminium and steel for the construction industry.

All three companies will continue to operate from the site in the short term.

The total value of the deal is undisclosed but includes goodwill, stock and equipment of the company, based on the LKH Estate in Balby.

Norking had suffered cash flow problems as a result of a slump in the construction industry which it supplied, despite a healthy order book.

Insolvency practitioners at Wilson Field were called in after a proposed finance package fell through.