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Historic firm closes with 43 jobs lost
A CHAPELTOWN firm that can trace its history back more than 200 years has closed down with the loss of 43 jobs.
Trianco Heating Products was once Britain's leading central heating boiler manufacturer but all the staff at its modern factory, which opened less than six years ago on the Thorncliffe industrial estate, have been made redundant.
Dan Butters and Ian Brown, partners in the Leeds office of accountants and business advisers Deloitte have been appointed as administrators and are holding talks with interested parties with a view to selling the company's assets.
A spokeswoman for the administrators said it was too early to say what had caused the company's financial collapse, but the business had ceased trading and its staff had been made redundant.
The collapse of the firm comes nine years after the historic company's then owners, the Bullough group, brought in managing director Peter Ferguson to turn the ailing company around.
Trianco re-invented itself, selling its Redfyre cooker business, adding electric boilers to its traditional range of oil and solid-fuelled systems, launching itself into the gas-fired boiler market and unveiling plans for a new range of "green energy" heating systems using biomass and domestic heat recovery.
Investment followed the company's acquisition by a subsidiary of the privately-owned Swedish group, Browallia International, and then, four years ago, when the company employed around 60 people, it was acquired by a management team, led by Mr Ferguson.
Trianco was originally part of the Newton Chambers group, which was founded in Chapeltown in 1789 and became one of England's largest industrial businesses, with subsidiaries that once included foundries, collieries and engineering works, as well as the Izal chemical business and Ronseal.
Although the Trianco name dates back more than 200 years, it only became attached to a separate business in the 1850s, when Newton Chambers started making coal-fired ranges and moved on to fireplaces, back boilers and free standing heating stoves.
In 1947, the company pioneered the introduction of the small, domestic, gravity-feed central heating boiler and went on to become best known for its range of oil and solid fuel-fired boilers.
The company carried on as Trianco Redfyre following the collapse and break up of Newton Chambers in the 1980s.
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Wednesday 08 February 2012
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