Made in the Midlands steps in to support workers after Atticrose collapse
One of the region's biggest business organisations has stepped in to offer a lifeline to workers whose jobs were lost following the collapse of a Walsall steel firm.
The jobs of 35 people at Atticrose, based in Robottom Close, off Leamore Lane in Bloxwich, have been lost after the company was forced to close down.
The company, which provided steel fabrication and bespoke engineering solutions, had been a member of the 500-strong Made in the Midlands organisation of manufacturing companies for two years.
Recruitment
Jason Pitt, chief executive of Made in the Midlands, said: “It is always sad to lose a member under these circumstances but our commitment to them does not end here and if we can help the people affected by the closure then we will.
“We know our members are looking to recruit skilled workers and so we are urging them to contact us with their requirements and we will gladly try and connect them with those affected.
“People might not think there are jobs out there but our new Made Report has shown that there are, with many members committed to growing their workforce over the next twelve months to support ongoing growth.”
Atticrose had been actively supplying into both the aerospace and automotive sectors.
In aerospace, it supplied specialist equipment for the heat treatment of metallic, ceramic and composite materials, while also supplying critical components to the automotive supply chain to meet demands for more locally-sourced production.
Atticrose, established in 1982, was an integral member of Atticrose Group, which was formed in 2006 when it merged with heat treatment and industrial kilns specialist, Bricesco.
Briceso is continuing to trade from the Bloxwich site.
Out of funds
Atticrose shut on October 12 after all staff were called in to a meeting with directors and told the firm had run out of funds. They were given a week's pay.
It is understood directors have blamed the closure on failing to land contracts in the biomass industry. Atticrose was due to be placed into formal liquidation on Wednesday this week.
Corporate restructuring experts FRP Advisory have confirmed they are working with the directors of Atticrose to review options for the business.
"A further update will be provided in due course," FRP said in a statement.