Around 70 staff lose jobs as SH Structures is placed into administration from jsw steel share price live Watch Video
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⏲ Duration: 1:15 👁 View: 5.9M times ✓ Published: 05-Apr-2024
Description: Around 70 jobs have been lost after a Yorkshire manufacturing business which was founded in the early 1990s went into administration. Andrew Mackenzie and Louise Longley of Begbies Traynor were appointed as joint administrators of SH Structures Limited on April 4. Based in Sherburn-in-Elmet, the business designed, manufactured and installed complex steel structures. It was established more than 30 years ago and employed approximately 70 staff.<br/>In a statement, the administrators said: “SH Structures suffered from losses on various contracts and a gap in production scheduling due to projects being delayed. “Despite the multi-award winning company's strong reputation, it has not proved possible to find a purchaser for the business. SH Structures will cease trading with the loss of all jobs.”