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23/03/2010
Engineering Jobs Reprieve
A Co Armagh engineering firm has managed to rescue many of the company's jobs after it was bought out of administration.
Redrock Engineering Ltd in Markethill, which makes agricultural and construction equipment, has been bought by Fermanagh-based Steel Solutions.
Administrator Des Kelly of Cavanagh Kelly said that 28 of the 80 jobs at the site have been saved.
He told BBC NI that the future of the firm had been secured in the deal.
"It is a credit to the dedication and commitment of the staff at Redrock who have maintained manufacturing output throughout our administration period, retaining confidence in the marketplace and protecting the sales process - this at a time when the general economic climate remains difficult," he said.
(BMcC/GK)
Redrock Engineering Ltd in Markethill, which makes agricultural and construction equipment, has been bought by Fermanagh-based Steel Solutions.
Administrator Des Kelly of Cavanagh Kelly said that 28 of the 80 jobs at the site have been saved.
He told BBC NI that the future of the firm had been secured in the deal.
"It is a credit to the dedication and commitment of the staff at Redrock who have maintained manufacturing output throughout our administration period, retaining confidence in the marketplace and protecting the sales process - this at a time when the general economic climate remains difficult," he said.
(BMcC/GK)
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