Administrators have completed a deal to sell three divisions of crane hire specialist Hewden to UK rental business A-Plant but over 250 employees have been made redundant. The restructuring team of EY was today appointed administrators of the Manchester-based plant hire firm after it was unable to r
Plant
Over 1,000 jobs across 32 depots are at risk at crane hire specialist Hewden after negotiations with potential new investors are understood to have stalled. Sky News has reported that the firm called in EY to act as the company’s administrators.
Construction equipment manufacturer JCB has resigned as a member of the CBI amid reports that the firm was unhappy with the lobby group's anti-Brexit stance. A spokesperson for JCB, which employs close to 6,500 people in the UK and sells to 150 countries, confirmed that the company ha
A Broxburn-based diamond drilling specialist has completed key infrastructural work on Glasgow’s Queen Street Station tunnel upgrade, doing so on budget and ahead of schedule. Corecut was singled out by Story Contracting – which was awarded the track-slab replacement contract for the Edi
Construction machinery manufacturer JCB said it remains optimistic about the future despite reporting a fall in annual sales and profits. The company said that in 2015 it achieved a profit of £214 million, which is 27 per cent down on 2014 when it made £294m. Sales for 2015 sto