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'The real quality lies in the strength, skill and ability of the workforce'

Borders Precision. Credit: ITV Border

The provisional liquidators at a Kelso company that has had to make its 80-strong workforce redundant, say hope for the firm stems from the talent of its workers.

Business Advisory firm Alix Partners have been brought in as potential liquidators at Borders Precision.

Partner Robin Knight told ITV Border that liquidation proceedings have not begun.

We do think this is a good underlying business with potential.

The real quality lies in the strength, skill and ability of the workforce.

They make an excellent product that leads major international names to trade with Border Precision.

We would like to hear from anybody who thinks they could assist in finding a solution that would allow company to continue to trade."

– Robin Knight, Alix Partners

Politicians hopeful of Kelso company 'rescue'

Calum Kerr MP Credit: ITV Border

Berwickshire, Roxburgh and Selkirk MP Calum Kerr says he's hopeful "something could be rescued" at a Kelso firm that has laid off 80 workers.

He met Borders Precision Engineering's provisional liquidators with South of Scotland MSP Paul Wheelhouse, to discuss the future of the company, and its staff.

Last Tuesday the company announced 80 members of staff were to be made redundant at short notice, with a week's pay.

Following talks with the provisional liquidators, Kerr says they told him there has been some interest regarding a potential takeover of the firm.

What we heard today from the provisional liquidators at Alix Partners is heartening.

I wouldn’t want to raise false hopes, but there does seem to be a possibility that something could be rescued and Paul and I now plan to pursue that as hard as we can.

We're grateful to Alix Partners, who are clearly doing everything they can to resurrect the plant and operations as a going concern. However, they have to act in the best interests of the creditors and can't keep the offer of a sale on the table forever.

I'd urge anyone who thinks they may be interested in taking over the business to get in touch without delay. There's clearly a limited window in which investment can be achieved, but this is a great opportunity for someone out there."

– Calum Kerr MP
Paul Wheelhouse MSP Credit: ITV Border

A number of the employees have been asked back to help fulfil contracts with important customers, while attempts to find a buyer take place:

This clearly is a hugely worrying time for the workforce and their families, a number of whom have been in contact, and Calum and I are keen to do everything we can to help.

While we have to be cautious, the provisional liquidator gave us some positive messages today and are taking a very constructive approach and we're greatly encouraged by that.

Border Precision has been a business with a great reputation, an excellent workforce and engineering skills that are second to none.

The fact that some of the employees have been taken back to fulfil existing contracts can only be a good sign. Let's hope it signals that the excellent workforce at Border Precision may yet have a future."

– Paul Wheelhouse MSP

Borders Precision Engineering specialises in the production of high quality components for industries including the aerospace and military sectors.


Support for Precision Engineering staff

Around 80 workers were laid off. Credit: ITV Border

Workers who lost their jobs when a Kelso engineering company went into liquidation are being offered redundancy support.

A session with Skills Development Scotland is taking place today, 7 July, in Tait Hall, Kelso, from 1pm to 4pm.

Eighty staff from Border Precision Engineering were made redundant last week.

Border Precision staff to be offered support

Credit: ITV Border

Staff at a Borders engineering firm that are facing redundancy are being offered support by the Scottish Government.

79 workers were told to go home from work earlier this week, after Border Precision Engineering went into liquidation.

An event is being held for them in the Tait Hall in Kelso on Tuesday (7th July) between 1pm-4pm, where they can find out more about their options and support available to them.

SNP MSP for South Scotland, Paul Wheelhouse says:

“My thoughts are with those employees and their families currently facing uncertainty at this most stressful of times. It is always difficult to witness any company face potential insolvency, but it is especially upsetting to see a company that is so important a local employer face such a savage change of its fortunes and to see it happen so unexpectedly.

“I also understand a meeting between the company and liquidators was also due to take place today (Wednesday) and I hope that it may not be beyond the possibility that something may yet be salvaged from what is undoubtedly a very worrying situation.

“If I can be of assistance to any of my constituents in dealing with the knock-on consequences of this news for them, I will of course do whatever I can to support them. The Deputy First Minister has offered to keep me up-to-date with any developments and my staff and I stand ready to provide any support we can through my office in Hawick, supporting the efforts of the PACE team and other national and local agencies.

– Paul Wheelhouse MSP

Kerr: Precision Engineering closure a 'big blow' to the Borders

Credit: ITV Border

Calum Kerr has responded to the news that Borders Precision Engineering, in Kelso, has gone into liquidation.

Up to 80 staff have lost their jobs following the collapse of the company.

The MP for Berwickshire, Roxburgh and Selkirk said the closure was a 'big blow' to the region.

I am hugely concerned to hear about what has happened at Border Precision. This is a big blow to Kelso and the Borders and obviously a very worrying time for the workforce and their families.

“I am currently seeking urgent meetings with those involved to see if I can be of any assistance and if there may be a future for the business.

“I will also be contacting Fergus Ewing, the Enterprise Minister in the Scottish Government, to arrange an urgent discussion and to find out what kind of help he may be able to make available.”

– Calum Kerr, MP


Borders engineering firm saved from administration

An engineering firm in the Scottish Borders has been saved from administration after a management buyout.

Borders Precision Engineering has been bought out by twenty local investors who have committed a six-figure sum to keep the company in business, and 80 jobs have now been saved.

The Kelso firm was founded in 1976 and produces medical instruments and parts for the military.

Several employees were laid off when the company entered administration in January.