Dozens of jobs lost as engineering firm goes into administration weeks before Christmas
There have been 45 jobs lost with the administration of a engineering company.
Jon Roden, Rob Parker and Helen Dale of Grant Thornton were appointed as joint administrators to Cube Precision Engineering in Cakemore Road, Rowley Regis, on November 30.
The company, which supplied the automotive, aerospace and other sectors, had faced "difficult" trading in recent months and its directors explored options to sell the company and its assets, but no offers were forthcoming.
The business ceased trading upon the appointment of administrators who are now overseeing an orderly wind down of the company.
Cube had debts of £2.9 million at the end of 2022.
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