A whole bunch of Scots have been left jobless as an Aberdeen paper mill entered administration after being in enterprise for 250 years.
The Stoneywood Mill beforehand confronted closure in 2019, however was rescued by Scottish Enterprise funding.
Nevertheless, bosses Arjowiggins Scotland Ltd confirmed at present the location is now again in administration with a north-east politician describing the information as "completely devastating", Aberdeen Reside reviews.
Artistic Paper Holdings stepped in to rescue the location from closure in September 2019 after its father or mother firm didn't discover a purchaser the earlier January.
Scottish Enterprise supported the takeover with £7million of funding and the Scottish Authorities have mentioned that it's going to help to find a brand new purchaser.
Interpath Advisory have been appointed as directors for the location in addition to one other mill in Kent. Chief government Blair Nimmo mentioned: "Arjowiggins has an extended and proud historical past courting again greater than 260 years, so that is immensely troubling information for UK and Scottish manufacturing.
“Sadly, and following on from the extreme challenges posed by the pandemic, the numerous financial headwinds which have been impacting industrial manufacturing companies up and down the nation, together with skyrocketing vitality prices and spiralling enter costs, have proved to be overwhelming for the group.”
Douglas Lumsden, who represents the North East area at Holyrood, mentioned: "It’s completely devastating that Stoneywood Mill has gone into administration.
"That is an especially anxious time for employees and for the north-east financial system. My ideas go to the employees who've been positioned on this scenario by no fault of their very own.
"It’s now time for the Scottish Authorities to step in and assist Stoneywood like they did for Ferguson shipyard. I may even be lodging an pressing query in parliament calling for this to occur.
"Stoneywood Mill has been a really profitable enterprise in Aberdeen for greater than 250 years and every thing should be performed to safeguard jobs and shield its future.”
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