MORE than 700 jobs are under threat with a long-standing Bothwell engineering firm set to enter administration this week if a new buyer can’t be found.
Staff at WJ Harte Construction Ltd have been told the firm is facing major cash flow problems with banks being blamed for failing to extend its credit facility.
A company source said: “We have ceased trading and are waiting for the banks to appoint an administrator.
“There is nothing more to say and a formal statement will be issued shortly.”
The Union of Construction, Allied Trades and Technicians, has received ‘a substantial number of calls’ from concerned workers.
Regional secretary Harry Frew said: “We hope that a buyer can be found and jobs preserved. UCATT is seeking a meeting with the administrators to establish what the future holds for our members.”
WJ Harte was founded in 1974 and specialises in civil engineering and groundworks projects for housebuilders throughout Scotland.
Uddingston and Bellshill MSP Michael McMahon and Hamilton East and Lanark MP Jimmy Hood demanded a meeting with directors of the firm, but were told no one was available.
Mr McMahon said: “My constituency has been hit particularly hard by job losses in the construction industry and this would be another hammer blow.”
Full story in January 12 edition of Times & Speaker