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STV News
11-07-2025
- Business
- STV News
More than 80 jobs axed as bus firm collapses amid Alexander Dennis uncertainty
More than 80 jobs have been lost at a Fife-based manufacturing company after the announcement that bus firm Alexander Dennis could move its operations south of the border. Greenfold Systems, based in Dunfermline, built parts for buses, with the Falkirk-based Alexander Dennis being a 'major customer' for the firm. But on Thursday, administrators were called in, with 81 of the 90 jobs at the company axed, with the remaining staff kept on temporarily. Alexander Dennis announced last month the launch of a consultation, which could eventually see 400 jobs lost in the area if the company's operations were consolidated into a single site in Yorkshire. The consultation has since been extended by two weeks and will close on August 15, with the company assuring MSPs the decision was not a 'done deal'. But it has already had a knock-on impact on the supply chain with the collapse of Greenfold. Callum Carmichael, a joint administrator for the firm and a partner at FRP Advisory, said: 'Greenfold Systems was a well-regarded business that had carved out a specialist role in the commercial vehicle supply chain. 'Unfortunately, the loss of a major customer contract had an immediate and severe impact on its financial position. 'Our priority now is to support the affected employees and to maximise returns for creditors.' Scottish business minister Richard Lochhead said: 'I am very disappointed to learn that Greenfold Systems Ltd has entered into administration. 'This will clearly be a very difficult time for workforce and their families. 'The people affected by this announcement are our immediate priority and the Scottish Government will do everything in its power to help those affected through our initiative for responding to potential redundancy situations. 'We continue to explore all viable options to support Alexander Dennis Ltd, its workforce and the wider businesses and communities they support. 'We are doing this at pace and in close collaboration with the company, trade unions, Scottish Enterprise, Transport Scotland and the UK Government.' Alexander Dennis has been contacted for comment. Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country
The Herald Scotland
28-06-2025
- Business
- The Herald Scotland
90 jobs at risk at Fife firm that supplies parts to Alexander Dennis
The company said it was the result of plans announced by bus manufacturer ADL – one of Greenfold's major customers – to close its Scottish sites in order to consolidate its manufacturing business at a single site in Yorkshire. Greenfold specialises in metal fabrication, cable and wiring, kitting and assembly, with reportedly about half of its staff working on constructing the sides, interdecks and roofs of buses for ADL. Speaking to The Courier, Greenfold Systems managing director Craig Waterson described ADL as a 'sizeable customer', and said it was a 'difficult situation' for the company. 'What happens with ADL remains to be seen. We would, of course, like a clearer answer but we're not going to get one anytime soon,' he said. 'A communication has been issued to staff, essentially telling them that their jobs are at risk as a result of the ADL situation. 'We will give another update when we know more. We are weighing up life with and without ADL.' ADL director Paul Davies told a committee of MPs on Thursday that the closure of its Scottish sites was 'not a done deal', but that orders for up to 100 buses and changes to regulation would be needed before the end of the year. Read More Earlier this month, the company said it could lose as many as 400 jobs – about 22% of its workforce – if plans to close its Falkirk plant and cease operations at the nearby Larbert factory go ahead. Scottish Liberal Democrat economy spokesperson Jamie Greene MSP said: 'This will be an extremely difficult time for the workforce at Greenfold Systems, and my thoughts are with them today. 'The SNP's failure to support bus building and buying in Scotland is inflicting a chain reaction of misery for workers and local communities across the country. 'If the SNP government are serious about delivering for our economy, they should be sitting down with the firm to thrash out a solution and finally get behind Scottish manufacturing.' Secretary for Business and Employment Richard Lochhead said: 'I am very disappointed to learn that Greenfold Systems Ltd has entered into consultation with a view to making redundancies at its Dunfermline site. 'This will be a difficult time for the employees at risk of losing their jobs, their families and for the local area. Scottish Enterprise will engage with the company to better understand the reasons for this decision and whether it can offer any assistance. 'The people affected by this announcement are our immediate priority and the Scottish Government will do everything in its power to help those affected through our initiative for responding to potential redundancy situations, Partnership Action for Continuing Employment.'
