Jobs saved as manufacturer rescued from administration
Warwick manufacturer SMT Developments has been bought out of administration in a deal that secures the jobs of its 30-strong workforce.
The electronic assembly services business fell into administration in May.
C-MAC, which provides system critical electronics for harsh environments and is based in Belgium and Canada, will rebrand the business as C-MAC SMT.
C-MAC Group chief executive Ken Henderson was attracted by "the valuable reputation and relationships" that SMT has established with its customers.
He said: "C-MAC wil... For the full story register now for free or login below...