Colin Smyth statement on Penman Administration

Commenting on the news that Penmans Engineering had entered Administration, South Scotland MSP and Chair of Dumfries and Galloway Council's Economy, Environment and Infrastructure Committee Colin Smyth said ,

"This news will be deeply worrying for the workforce and their families. Penmans have provided high quality jobs locally for decades and we have to ensure everything possible is done to retain those jobs.

The challenges the company have faced in recent months have been well known within the business community and local agencies and this news won't come as a surprise to many , although there was a hope that administration could have been avoided.

It is vital that local agencies now do all they can to continue to support the company to find a way forward and that now means finding a new owner. I will be pressing the administrators to do that in a way that secures the maximum number of jobs. Penmans provides a specialist product and it is clear there is a lot of interest in the company and there should be no reason why it can't be taken over as a going concern ".