Latest news with #WorkingtonEngineering
Yahoo
8 hours ago
- Business
- Yahoo
Engineering firm closes with the loss of 130 jobs
An engineering firm has announced it is to close with the loss of 130 jobs. Administrators Leonard Curtis have been appointed to Workington Engineering Limited, trading as Chapel Bank Engineering in Workington, Cumbria, after a failure to secure private investment. The business on Curwen Road had been trading since 1939 under various ownership and names and offered heavy engineering services in the nuclear, oil, gas and steel sectors. The administrators said they were working with various parties including the Unite union to ensure employees received all their entitlements. The company, then TSP Engineering, was sold to Workington Engineering in September which was able to protect some contracts and was seeking private investment to help the business recover, the administrators said. But the investment was not "forthcoming" and the company has had to cease trading, they said. Workington MP Josh MacAlister said on social media the closure was a "devastating blow" and that he was working with the union to get employees into alternative suitable jobs as quickly as possible. Iain Nairn, from Leonard Curtis, said directors at Workington Engineering had "no option" but to close the doors. "It's a very sad day for everyone involved," he said. "There have been big challenges in the last few years in the steel sector and the inability of the company to raise investment has caused its closure." Workington job centre is holding an open day between 10:00 BST and 16:00 on Wednesday to support affected employees. Follow BBC Cumbria on X, Facebook, Nextdoor and Instagram.
BBC News
9 hours ago
- Business
- BBC News
Workington Chapel Bank Engineering closes with 130 jobs lost
An engineering firm has announced it is to close with the loss of 130 Leonard Curtis have been appointed to Workington Engineering Limited, trading as Chapel Bank Engineering in Workington, Cumbria, after a failure to secure private business on Curwen Road had been trading since 1939 under various ownership and names and offered heavy engineering services in the nuclear, oil, gas and steel administrators said they were working with various parties including the Unite union to ensure employees received all their entitlements. The company, then TSP Engineering, was sold to Workington Engineering in September which was able to protect some contracts and was seeking private investment to help the business recover, the administrators the investment was not "forthcoming" and the company has had to cease trading, they MP Josh MacAlister said on social media the closure was a "devastating blow" and that he was working with the union to get employees into alternative suitable jobs as quickly as possible. Iain Nairn, from Leonard Curtis, said directors at Workington Engineering had "no option" but to close the doors."It's a very sad day for everyone involved," he said."There have been big challenges in the last few years in the steel sector and the inability of the company to raise investment has caused its closure."Workington job centre is holding an open day between 10:00 BST and 16:00 on Wednesday to support affected employees. Follow BBC Cumbria on X, Facebook, Nextdoor and Instagram.
ITV News
a day ago
- Business
- ITV News
130 staff at engineering firm made redundant after Workington business closes its doors
All staff at a Workington engineering firm have been made redundant immediately after administrators were appointed. Chapel Bank Engineering has been in business for the past 80 years. Administrators from Leonard Curtis were appointed to Workington Engineering Limited, trading as Chapel Bank Engineering, on 6 June 2025. The business on Curwen Road, Workington, had been trading since 1939 offering heavy engineering services across many sectors including nuclear, oil and gas, renewables, steelmaking and construction. The administrators said, following the successful sale of TSP Engineering to Workington Engineering in September2024, the company was able to protect some contracts and was seeking private investment to help the business recover. But "despite the efforts of the management team and advisers that investment was not forthcoming and ultimately the company has had to cease trading". All 130 staff at the site were made redundant. UNITE Union is holding a session at the local job centre in Workington is holding an Open Day between 10am and 4pm on Wednesday 11 June 2025 to support affected employees. Iain Nairn from Leonard Curtis commented: 'Directors at Workington Engineering have been unable to move the business forward since last year and have had no option but to close the doors. It is a very sad day for everyone involved.' 'There have been big challenges in the last few years in the steel sector and the inability of the company to raise investment has caused its closure.' Workington's MP described the closure as a 'devastating blow'. Josh MacAllister had arranged a drop-in at Workington job centre next Wednesday (11 June) for the workers affected.
