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Blow for Cowal peninsula

60 jobs go as Dunoon firm calls in administrators

Fergus EwingSixty of the 61 staff at construction firm Stewart  McNee (Dunoon) have been made redundant following the appointment of administrators. The firm blamed a recent contract dispute, a failed development in the town and the downturn in the market.

The Scottish Government said it is making every effort to support those who have been made redundant.

Business minister Fergus Ewing (pictured) said: “Our initiative for responding to redundancy situations, Partnership Action for Continuing Employment [PACE] is already engaged with the administrators.”

Blair Nimmo and Tony Friar of KPMG, were appointed as joint administrators of the firm – which was formed in 1973 – at the request of the company’s directors.

Mr Nimmo said: “It is highly regrettable that such a long-established family business and significant employer in the Cowal Peninsula has succumbed to market and cash flow pressures.

“Our immediate priorities are to ensure that all employees are supported, working closely with the relevant government agencies.

“We will explore the possibility of transferring existing contracts to another contractor as we seek to maximise asset realisations.”

 

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