Amdega Enters Administration

The well known household name Amdega goes into administration.  It really is bad news when you hear of companies that have been established from the start of creation – or so it seems – entering into administration.  Established in 1874, based in Darlington and with around 197 staff.  Here is an extract of the article from The Guardian:

“Amdega was taken over in August by the PEC Endless which voiced optimism about increasing turnover to over £20 million from 15 countries serviced by sub contractors. But a spokesman for the firm says that administration is the only option after business flopped and a last-minute potential buyer dropped out.”

Here is a link to the whole article:

https://www.guardian.co.uk/uk/the-northerner/2011/may/02/amdega-darlington-endless-jobless-statistics-ons-sunshine

Is it too late to save parts of the company? Probably not, let’s hope they can do something positive with it!