Latest news with #GreenfoldSystemsLtd
STV News
01-08-2025
- Business
- STV News
Alexander Dennis site up for sale amid consultation to close Scottish operations
Alexander Dennis' Falkirk site has been put up for sale as the bus manufacturer consults on proposals to shut Scottish operations. Due to financial concerns, the company is considering moving away from the Larbert location to a single site in Yorkshire, potentially putting 400 jobs at risk. The manufacturers made a 'significant investment' to expand the Falkirk location during 2023 and 2024. The company states although the Larbert location is listed for sale, a 'final decision' is still to be made A spokesperson for Alexander Dennis said: 'This does not represent a foregone conclusion and a final decision has not yet been made. 'We have been honest with stakeholders about the need to address the condition of the Falkirk site for some time, which is why significant investment was made to expand our Larbert site for vehicle manufacturing during 2023 and 2024. 'Alexander Dennis continues to engage with governments in good faith and the company remains committed to exploring all possible outcomes at this time.' STV News Due to financial concerns, the company is considering moving away from the Larbert location to a single site in Yorkshire Fife-based bus manufacturer Greenfold Systems Ltd in Dunfermline has already entered administration and made 81 employees redundant as a knock-on effect of Alexander Dennis' plans to pull out of Scotland. The company employed a total of 90 staff, with nine staying on a short-term basis to complete a customer contract. Finance secretary Shona Robison previously said the Government is committed to looking at 'all viable options' and ministers are working with private bus companies to drum up interest for much-needed orders. She also suggested Alexander Dennis could be forced to pay back money it has been given by the Government's commercial arm Scottish Enterprise for skills and technological development, though it would be for the agency to decide how to proceed. The finance secretary also stressed the issues the Government faces due to UK-wide state aid regulations, which govern the level to which ministers can intervene in private businesses. STV News Alexander Dennis states although the Larbert location is listed for sale, a 'final decision' is still to be made Robison said the Subsidy Control Act does not allow for subsidies which enforce the use of domestically-made goods and services, which would hamper the Scottish Government's efforts to force bus firms to use Alexander Dennis. A UK Government spokesperson said: 'The UK is a global leader in bus manufacturing, and around 60% of buses funded through our zero-emission regional bus programme are being built by UK-based companies, supporting jobs and a greener transport network. 'Alexander Dennis has a strong future in the UK's growing zero-emission bus market. Through the spending review, we have committed £15.6bn to local leaders to boost services and green fleets across the UK. 'We're also giving regional leaders and leading manufacturers a voice on zero-emission plans, through the UK bus manufacturing expert panel, which seeks to put local people at the heart of bus building.' 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
Scottish Sun
11-07-2025
- Business
- Scottish Sun
Nearly all staff axed as major Scots manufacturer goes bust
The loss of a major customer contract had an 'immediate and severe impact' on the firm 'UNSUSTAINABLE' Nearly all staff axed as major Scots manufacturer goes bust Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A SCOTS manufacturer has plunged into administration with the loss of more than 80 jobs. Fife-based Greenfold Systems Ltd supplied parts to bus company Alexander Dennis. Sign up for Scottish Sun newsletter Sign up 1 Greenfold Systems Ltd in Dunfermline has made 81 employees redundant Credit: Google The firm operated out of Pitreavie Business Park in Dunfermline and provided manufacturing and assembly services to the commercial vehicle sector. But the withdrawal of its contract supporting Alexander Dennis Ltd has left the company "unsustainable", reports The Herald. Staff were previously informed of potential job losses due to the move. Callum Carmichael and Michelle Elliot of FRP Advisory, together with Shona Campbell of Henderson Loggie LLP, were appointed as administrators of Greenfold Systems Ltd. The firm employed 90 people, with 81 employees being made redundant. Callum Carmichael, joint administrator of Greenfold Systems Ltd and partner at FRP, 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." Last month, Alexander Dennis announced plans to close its Scottish-based manufacturing facility in Falkirk. Alexander Dennis said it would be moving all manufacturing operations into a single site in Scarborough, England. It added: 'Production lines at Larbert would be suspended upon the completion of current contracts. Sport Scotland Agency Faces Tough Job Cuts "This proposed structure will lower overall costs, deliver clearer responsibilities and increase efficiency by removing duplicate functions and activities."
STV News
10-07-2025
- Business
- STV News
Bus manufacturer enters administration after loss of Alexander Dennis contract
A Fife-based bus manufacturer has made 81 employees redundant after it entered administration. Workers at Greenfold Systems Ltd in Dunfermline were previously put on notice of potential job losses as a knock-on effect of bus company Alexander Dennis planning to pull out of Scotland. Around half the staff on site were working on parts for the Larbert-based company. On Thursday, Callum Carmichael and Michelle Elliot of FRP Advisory, together with Shona Campbell of Henderson Loggie LLP, were appointed as administrators. The company employed a total of 90 staff, with nine staying on a short-term basis to complete a customer contract. Callum Carmichael, joint administrator of Greenfold Systems Ltd and partner at FRP, 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.' Graeme Downie, Labour MP for Dunfermline and Dollar previously wrote to First Minister John Swinney about the threat of job losses at Greenfold. STV News GSL Around half the staff on site were working on parts for Alexander Dennis. He believes the 'lack of action' shown by the SNP leader is 'unacceptable'. The MP said: 'First and foremost, this news is devastating for the workforce and their families, and my office is here to help in any way we can to get people the support they need to find work. 'This news today is not the fault of the management or the staff at Greenfold Systems who have worked tirelessly to maintain a viable business.' 'I warned the First Minister of exactly this impact on the supply chain as a result of the failure of the SNP to support bus manufacturing in Scotland. 'It is unacceptable that the First Minister has taken no action and hasn't even had the courtesy to reply to my letter, instead seeming content to let the workers at Greenfold suffer the consequences of his government's action, or lack of action. ' The Scottish Government 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
10-07-2025
- Business
- The Herald Scotland
All but nine staff made redundant at supplier of Alexander Dennis
Callum Carmichael and Michelle Elliot of FRP Advisory, together with Shona Campbell of Henderson Loggie LLP, were today appointed as administrators of Greenfold Systems Ltd, a specialist manufacturing business based in Dunfermline. The company operated from premises at Pitreavie Business Park and provided manufacturing and assembly services to the commercial vehicle sector. It had built longstanding relationships across the industry, with a significant proportion of its operations supporting Alexander Dennis Ltd, the administrators noted. They added: 'The business entered administration following the withdrawal of this key contract, which rendered the company unsustainable. The administrators are now progressing an orderly wind down of the business, including a sale of its assets. 'Greenfold Systems Ltd employed 90 people. Regrettably, 81 employees have been made redundant following appointment - the administrators are providing affected staff with guidance and support, including assistance with claims to the redundancy payments service. The remaining nine employees are being retained on a short-term basis to complete a customer contract.' Read more Mr Carmichael, a partner at FRP, 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.' Last month, Alexander Dennis announced it was entering into a consultation to "look at consolidating its UK bus body manufacturing operations into a single site in Scarborough, England'. It declared at that stage that its Scottish-based manufacturing in Falkirk, 'which has already been reduced in recent years, would be discontinued and the site closed'. Alexander Dennis added: 'Production lines at Larbert would be suspended upon the completion of current contracts. 'This proposed structure will lower overall costs, deliver clearer responsibilities and increase efficiency by removing duplicate functions and activities.' And it revealed: 'The statutory consultation places up to 400 roles at Alexander Dennis at potential risk of redundancy. This represents approximately 22% of Alexander Dennis' workforce.'
Scottish Sun
28-06-2025
- Business
- Scottish Sun
Nearly 100 jobs at risk as Scots manufacturing firm plans to move to England
A notice of risk of redundancy was issued to employees on Friday STAFF FEARS Nearly 100 jobs at risk as Scots manufacturing firm plans to move to England AROUND 90 jobs are at risk at a Scottish manufacturing firm. Staff at Greenfold Systems Ltd in Dunfermline, Fife, have been told they could be made redundant due to a knock-on effect of bus company Alexander Dennis planning to move operations to England. 3 It comes as a knock-on effect of bus company Alexander Dennis planning to move operations to England Credit: PA 3 Around half of Greenfold staff are working on constructing parts for ADL buses Credit: Alamy The firm specialises in metal fabrication, cable and wiring along with assembly. And around half of its staff are working on constructing parts for the sides, interdecks and roofs of buses for Alexander Dennis Ltd (ADL). One of the company's three buildings is dedicated to the work on buses. A notice of risk of redundancy was issued to employees on Friday. 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. He said: "What happens with ADL remains to be seen. We would, of course, like a clearer answer but we're not going to get one any time soon. "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." Labour MP for Dunfermline and Dollar Graeme Downie has written to First Minister John Swinney about the threat of job losses at Greenfold. 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. Hundreds of Scots Jobs 'At Risk' as H&M Plans Call Centre Closure "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. 3 Around 90 jobs are currently at risk at Greenfold Systems Ltd in Dunfermline Credit: Google "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." Alexander Dennis announced that around 400 jobs are currently at risk after announcing shock plans to move operations to England. The company, which has factories in Falkirk and Larbert, Stirlingshire, said it was considering switching manufacturing to a site in Scarborough, Yorkshire. The plans would see work at the Falkirk site discontinued while the Larbert hub would be closed after current contracts are completed. The company said it was facing strong competition from Chinese electric bus manufacturers whose share of the market had risen from 10% to 35%. 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.
