More than 100 people have been made redundant following the closure of a factory in the East Midlands. The Somercotes factory produced modular buildings for homes.
The collapse of the venture has been blamed on operational problems at the factory at the Clover Nook Industrial Estate. Administrators will now try to find a buyer for the factory and oversee either the sale or completion of the development sites up and down the country.
At the Urban Splash factory, in Somercotes, 140 people lost their jobs following the failure of the US House Group, a joint venture between Urban Splash, Japanese firm Sekisui House UK and minority shareholder Homes England. At the time of the appointment of Teneo as administrator, the group had 187 employees, with 151 working at the factory and the majority of the remaining employees working at the development sites. A total of 160 jobs have been lost, reports Derbyshire Live.
