Two thirds of Patton jobs may go

Published Thursday, 08 November 2012
Comments
Toggle font size
Print

Fears are growing that job losses at the Ballymena based construction firm Patton could be announced as early as Friday.

Two thirds of Patton jobs may go
The Patton Group have traded for 100 years. (© UTV)

UTV understands that two thirds of the over 300 strong workforce could be made redundant.

Jamie Delargy, UTV's Business Editor, said: "I think workers will be brought in tomorrow to be essentially given their cards. I think it could be in and around the 200 mark.

"I want to stress that this has not been confirmed by the administrator. He is saying nothing tonight.

"However, from several well placed sources, I'm convinced the redundancy plan will begin tomorrow."

Earlier this week, the firm entered administration due to financial difficulties experienced as a result of the industry downturn.

The company has traded for 100 years and has a total turnover of around £140m. It specialises in house building, fit-out and construction, and posted pre-tax losses of £7m last year.

© UTV News
Comments Comments
0 Comments
No comments. Be the first to comment.
POST A COMMENT:
Name:  
Email address*:    
Location:  
Validation:
House Rules:  
Your Comment:  
[All comments are moderated and will not appear immediately. Your name, location and comment will be displayed on this page if your post passes moderation.]
MOST POPULAR GALLERIES
Mon 08 December 2014
One Direction fever
Fri 05 December 2014
U2 music video filmed in Belfast
Wed 17 December 2014