Overseas competition sent Chesterfield engineering company under
A Chesterfield engineering firm which can trace its roots back 60 year went into administration after losing a £1m contract to an overseas rival.
Glenborough Engineering, which has worked with the likes of of Toyota and JLR, went under owing over £1.5m due to a cocktail of problems that included a subsidiary company (Glenborough Aerospace) being place into administration and probe by the Health and Safety Executive which forced the firm to upgrade its health and safety measures.
However, the company was finally sent into administr... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
