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22/04/2016
Over 170 Jobs To Be Lost After Lisburn Firm Goes Into Liquidation
Over 170 jobs are to be lost after a construction company in Co Antrim announced it has gone into liquidation.
McGrath Bros in Lisburn said 171 jobs are to go across sites in Northern Ireland, Birmingham, London and South East England.
121 of the jobs are at its Lisburn site in Northern Ireland.
In a statement Joint Managing Director, Brian McGrath, said trading conditions in the manufacturing and construction sectors have had a severe impact on the business.
He said: "Legacy contracts taken on during the recession have also taken their toll on main contractors and specialist sub-contractors alike, all linking to underpayments of completed works and disputed final accounts.
"We know this will be a very difficult time for our staff, many of who have given years of loyal service to the company."
Pic: McGrath Group
(CD/LM)
McGrath Bros in Lisburn said 171 jobs are to go across sites in Northern Ireland, Birmingham, London and South East England.
121 of the jobs are at its Lisburn site in Northern Ireland.
In a statement Joint Managing Director, Brian McGrath, said trading conditions in the manufacturing and construction sectors have had a severe impact on the business.
He said: "Legacy contracts taken on during the recession have also taken their toll on main contractors and specialist sub-contractors alike, all linking to underpayments of completed works and disputed final accounts.
"We know this will be a very difficult time for our staff, many of who have given years of loyal service to the company."
Pic: McGrath Group
(CD/LM)
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