Administrators have agreed terms to restart steelwork production at failed Cleveland Bridge UK’s main Darlington factory.
Over 100 staff are now expected to return to work over the next week raising hopes that insolvency partners at FRP are close to selling the assets of the business and protect jobs.
Martyn Pullin, Partner at administrator FRP, said: “Restarting production is an important milestone for us as we look to secure the future of the business and supports our ongoing talks with interested parties.”
The decision to take staff off furlough to fullfil existing order follows 53 mainly office staff redundancies last week.
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