Newcastle Production, which manufactures and distributes Findus frozen food in the UK, is the latest North East firm to run into trouble. Administrators have been called in and 420 jobs are under threat.
The company said ‘cash flow problems’ led to it calling in Zoflo Cooper as administrator last Friday. The site in Longbeton has been closed anyway since January 6 when a major fire ‘devastated’ much of the factory. Nick Cropper, partner at Zolfo Cooper, said: “Newcastle Production is a well established local business and produces a…
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