£200k expansion for engineer as two firms enter administration in same week
A Marlborough precision engineer has secured £200,000 for expansion while Medicare EMS and Clayton Glass reported administration in the same week.
Marlborough-based PrevTech, a precision engineering business, has secured £200,000 from the British Business Bank's South West Investment Fund, delivered by The FSE Group, to expand its facilities, create skilled jobs and target new markets [2].
Two other companies also reported administration-related news. Cotswold Journal reported that Medicare EMS, a UK company specialising in emergency services that supports the NHS, has entered administration after 20 years [1]. BBC News Wiltshire reported that Clayton Glass has entered administration, that Swindon jobs are safe, and that the company is to close three sites, resulting in the redundancy of 189 workers in County Durham [3].
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