SOME 70 jobs, mainly in engineering and manufacturing, have been saved at family-owned McGeoch Marine, after creditors overwhelmingly approved a rare Scottish Company Voluntary Arrangement.
SOME 70 jobs, mainly in engineering and manufacturing, have been saved at family-owned McGeoch Marine, after creditors overwhelmingly approved a rare Scottish Company Voluntary Arrangement.
Custom byline text:
Simon Bain
Founded in 1903, the Inchinnan-based manufacturer of marine and other specialist doors went into administration in October after over-reaching itself in China. The CVA provides for creditors to receive in excess of 50p in the pound over a four-year period.
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