Administrators forced to cut 85 jobs at manufacturer
Administrators at manufacturer Covpress Assembly have had to make 85 redundancies as the administration enters its third month.
The Coventry-based car parts group was forced to appoint Deloitte as administrators in April, who have continued to run the business in the hope of keeping the business trading.
The £40m-turnover company employed 350 people in April.
A spokesman for Deloitte said: "Unfortunately, despite a wide marketing process including contacting over 30 potential buyers, no parties remain interested in progressi... 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...
