Manufacturer says business is 'super strong' after putting subsidiary into administration

📆 11/3/2566 22:51:00
📰 ShropshireStar

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'The company has had its challenges over the last three years but the order book is filling up and we looking super strong and in a good position'

The director of a market-leading Shropshire manufacturing company has said the jobs of its 700 workers are safe and its business "super strong", after it put one of its subsidiary companies into administration last week.James Grainger director of Grainger & Worrall in Bridgnorth

However, a casting foundry based in Worcester that it bought in 2017, was struggling due to having just a single customer and having been hit by recent rising energy prices. "It was taking a commitment to keep it going so we eventually had to make the difficult decision to let it go."

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