Manufacturing News – Early January 2024

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A rescue buyer is being sought for one of Humber's longest standing manufacturing firms, which has called in administrators in its 225th year.

Insolvency specialists are working to find a suitor for Brough-based Shipham Valves Limited, which traces its history back to the shipping industry of the late 1700s. Of the firm's 71 staff, 39 have been made redundant for what administrators at Mazars LLP have called "economic reasons".

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