04/01/2019

Jobs At Risk As Ballymena Electrical Firm Set To Close

A Ballymena-based electrical and mechanical contractor is set to close, putting 58 jobs at risk.

JBE Mechanical Electrical Ltd has been operating since 1983 and worked on various projects in the education, healthcare and retail sectors across the UK and Republic of Ireland.

The firm recently suffered losses on work in Scotland, and has now entered administration.

Founder and managing director John Blair said: "It is with the deepest regret and profound sadness that we have been forced to take the step of placing the company in administration."

JBE acts as a subcontractor to some of Northern Ireland's largest construction firms, and worked on major jobs such as the Victoria Square shopping complex in Belfast and Selfridges department store in London.

According to accounts from last year, the firm was "severely impacted" by the loss of several contracts that were being managed in its Scottish office, before it closed in December 2016.

Mr Blair added: "In recent years, despite the challenging market conditions, we worked relentlessly to maintain a profitable business, however the struggle became overwhelming due to significant losses incurred on several Scottish contracts and we could no longer maintain our position.

"I would like to place on record my appreciation of the skills, and expertise of JBE's hard working employees and recognise their professionalism and loyalty throughout."



(JG/CM)

Related Northern Ireland News Stories
Click here for the latest headlines.

02 April 2024
£16.3m Investment Announced In New AICC
A £16.3 million investment in a new state of the art Artificial Intelligence Collaboration Centre (AICC) at Ulster University in partnership with Queen's University Belfast has been announced.
28 February 2024
PAC Group To Create New Jobs With £1.3m Expansion
Belfast's PAC Group has announced that it will create new jobs with a £1.3 million investment in its engineering operations. The expansion follows export contract wins of £2.
20 February 2024
New Economic Mission Set Out By Conor Murphy
Economy Minister Conor Murphy has set out his vision for the future of Northern Ireland's economy, highlighting four key priorities as part of a new Economic Mission. Speaking in the Assembly, Minister Murphy said: "One objective is to create Good Jobs. Many workers and their families are denied a decent standard of living.
24 January 2024
NY FinTech Firm Creates Almost 300 New Jobs In Belfast
DailyPay, a New York-based financial technology (fintech) frm has announces its first international expansion, establishing a new Northern Ireland base and creating 293 new jobs. The £24m investment by DailyPay was secured for Northern Ireland after Invest NI's U.S.
11 April 2024
Over 40 Belfast Organisations Back 'Inclusive City' Initiative
More than forty organisations from across Belfast have backed an initiative designed to help create a 'better, more inclusive city'. The organisations have signed up to the Belfast Business Promise, embarking on their journey to become accredited and share good practice.