SCORES of jobs hang in the balance after the surprise crash of one of Wigan’s biggest surviving engineering companies.
Ince-based Eiffel Steelworks Limited has been put up for sale after being put into protective administration after becoming bogged down in a cash-flow crisis.
The company - which has provided structural steelwork for such landmark projects including Canary Wharf, the Olympic Stadium and the retail and leisure centre, Liverpool One - has appointed the Manchester office of accountancy and investment management group Smith and Williamson to oversee the operation.
Based in the lofted former premises of mining giant Gullick Dobson (Joy) off Seaman Way, the firm has created a state of the art workshop facility with many blue chip civil engineering clients.
It offers a full production planning and manufacturing service.
More than 60 jobs are threatened.
The business was originally established in 1986 as Horwich Steelworks at the Horwich Locomotive Industrial Estate.
Administrator Matthew Dunham of Smith and Williamson said: “Eiffel Steelworks is a well-respected business which has been adversely impacted by difficult market conditions. It has significant levels of work in the pipeline and a highly skilled workforce.
“We are working in conjunction with all key stakeholders to try to save the business and identify a suitable purchaser in order to sell it as a going concern.”
Originally set up on the old Horwich Locomotive Industrial Estate in 1986 under the name Horwich Steelworks Limited, the company built up an “honourable” reputation for itself as a sub-contractor manufacturing structural steelwork for steel companies.