Testing systems manufacturer to render 100 employees redundant as it prepares to go into administration
A Worcester-based engine testing systems manufacturer is set to enter administration with the majority of its 100 staff being laid off, a recent news report in the local business media has been able to find.
Froude Hofmann Ltd was established in 1903 and makes engine testing systems for the automotive, gas turbine, marine and industrial market.
Unfortunately, after being impacted by a period of "significant losses" and weak order intake, the company was forced to file a notice of intention to appoint administrators.
A company spokesman said: "The majority of staff have been laid off while we decide on the most appropriate course of action, which could include amongst other options, the continuation of ongoing operations and a possible sale of the underlying business and assets."
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