A UNIQUE 140-year-old Midland firm has gone bust, plunging the futures of 62 workers into uncertainty.
Birmingham-based administrators Sanderlings have been called in to Aldridge firm McKechnie Brass – but hopes of a sale are high, with talks with several interested parties in progress. The Walsall company is the last brass extrusion manufacturing company in the country, using scrap brass sourced in the UK.
The company produces brass rods and profiles for a range of products, including pins for plugs, door locks/padlocks, lift tracks and overhead conductive wire for the railway industry.
The firm, which fell into administration amid mounting debts, boasts an annual turnover of around £14 million, total workforce of 62 employees and current annual production of 4,000 tonnes.
