33 jobs saved: Saffron Walden firm rescued at the 11th hour
SOME 33 jobs have been spared after a troubled Saffron Walden furniture makers was snapped up.
Pedleys Furniture International Ltd went into administration in July under crippling financial pressures, and it was feared that scores of jobs would be at risk of redundancy.
However, international refurbishment company MJM Group has swooped in to buy the ailing company, which has been in the town for 57 years.
A spokesman for MJM said: “We are delighted to add a manufacturing presence in the UK and build upon the existing business.”
MJM was founded in 1983 as a specialist joinery sub-contractor and has since developed into an international project management contractor with divisions in specialist joinery, marine refurbishment and public area fit out. Its clients include some of the worlds leading corporations, hotels, banks, commercial retail businesses and cruise line companies.
You may also want to watch:
More to follow...
- 1 New Market Row deli will inspire community spirit, says mayor
- 2 New pub opens: 'We had almost the whole village, and the one nearby'
- 3 No end of the line in sight for Audley End CrossCountry cancellations
- 4 Survey reveals Uttlesford fears of fourth national Covid lockdown
- 5 Application refused for 100 homes on former Friends School site
- 6 Things to do on the May Bank Holiday weekend: Essex gardens are open
- 7 Town council challenges water softening decision
- 8 Back to the drawing board for Radwinter Road retirement homes
- 9 Houses in pub garden refused on appeal but similar application pending
- 10 Boy George and Culture Club announce Audley End concert