Jobs saved as manufacturer rescued from administration

SMT Developments
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...