West Yorkshire engineering firm falls into administration
Administrators were called in at West Yorkshire machining business Valvetek earlier this month, but 20 jobs were saved in the process.
The 14 year-old company provided engineering services to the oil and gas industry, specialising in pipe and valve technology. It operated from a 20,000 sq ft facility at Rosemount Works on Huddersfield Road in Elland.
However over the last 18 months it experienced a “significant” reduction in demand and turnover. It suffered like many European businesses engaged in providing technical support... 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...
