Most of the 135 staff who worked for Sunderland's SE-TEK have been made redundant following the firm's collapse.
The manufacturer of conveyor systems for the mining industry called in administrators recently following a funding hole left by the withdrawal of a prospective investor. It means SE-TEK - which was only launched last summer and reportedly had been performing well - has closed up its 200,000 sqft base in Southwick.
No rescue buyer was found for the business, despite a serious of substantial new business wins which saw it outperform expectations. Administrators from FRP's Newcastle office said the door was still open to offers that could see the business restart.
