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Bridge firm's woes put 300 workers at risk

Document Cited in Related
Vincent
Published date23 July 2021
More than 300 direct and contract jobs are at risk after the firm - whose long history includes work on some of the world's best-known bridges and major structures - hit difficulties. Martyn Pullin, David Willis, and Iain Townsend of business advisory firm FRP have been appointed as joint administrators, saying the firm has been hit by delays to construction projects in the UK and abroad linked to the pandemic.

The Darlington company - which was founded in 1877 and has worked on projects such as the Sydney Harbour Bridge, the Victoria Falls Bridge and Middlesbrough's Transporter Bridge - employs 221 staff at its headquarters as well as an engineering site in Wales, plus almost 100 contractors in the North East and further afield.

The administrators say the company, part of the Saudi Arabian Al Rushaid Group, has been hit by delays in construction projects both in the UK and internationally because of the pandemic.

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They are looking to sell the business but have warned that it will have to cut costs to survive and could be wound up if a buyer cannot be found.

Mr Pullin said: "Cleveland Bridge UK has been a flagbearer for cuttingedge British engineering for more than a century. But no business is immune to the far-reaching impact of the pandemic, which has delayed major infrastructure projects around the world and put significant financial pressure on the teams behind them.

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