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Jobs lost as Newport building firm S Dudley & Sons closes | |
(about 3 hours later) | |
A construction company that has operated in Newport for nearly 100 years has gone into administration with the loss of up to 43 jobs. | |
S Dudley & Sons, which has built many supermarkets, said they had suffered a "sustained period of difficult trading" and previously warned of jobs at risk. | |
A stand-alone company, Dudley's Aluminium Ltd in Cardiff, is unaffected by the closure. | A stand-alone company, Dudley's Aluminium Ltd in Cardiff, is unaffected by the closure. |
A spokesman for the administrators said all but 11 staff had already gone. | A spokesman for the administrators said all but 11 staff had already gone. |
S Dudley & Sons had worked for a number of years for large-scale retail firms such as Tesco, Sainsbury's and Waitrose. | |
Administrator Peter Dewey of Begbies Traynor said: "S Dudley & Sons Ltd is yet another victim of the continuing difficulties in the construction sector." | |
The company was established in 1920 and operated out of the Tydu Works in Rogerstone. | The company was established in 1920 and operated out of the Tydu Works in Rogerstone. |
In a statement, S Dudley & Sons said there would be job losses among its 43 workers but the exact number was yet to be determined. | |
Managing director Mike Dudley said: "The construction sector has been depressed for some time, and pressure on margins has been intense. This had led to S Dudley & Sons becoming unsustainable." | |
"It has been an incredibly difficult period for us, and we are doing all that we can to help the staff who have unfortunately lost their jobs as a result of the closure of S Dudley & Sons." | |
He added that Dudley's Aluminium, which opened in 1993 and employs 42 people, had traded "very successfully" in recent years, and was predicted to show "significant growth" in the future. |
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