Thursday, October 22, 2009

Plant hirer Greyhound in administration, 40 job losses

Shropshire-based Incasep, which trades as Greyhound Plant Services, has gone into administration with 40 of its staff being made redundant.

Administrator Begbies Traynor said the plant hirer and civil engineering contractor is continuining to trade, and that it would attempt to sell the business as a going concern.

The admininstrator said it was in discussion with creditors, but did not yet know the level of creditor debt.

Greyhound Plant Services was formed in 1982 and has a turnover of approximately ВЈ20m a year.

Its main areas of operation are plant hire, civil engineering, training, and plant sales.

Greyhound, which has a 450-strong plant fleet, hires kit across the UK and Europe.





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