A LONG established family-owned engineering factory has closed with the loss of 10 jobs.
Wood and Stirling of Brockholes trading estate, Claughton on Brock went into voluntary liquidation shortly before Christmas.
The company, which made machinery for the paper converting industry in the UK and overseas had been suffering from a lack of large orders for some time.
Managing director Craig Watson said: “Unfortunately due to the downturn in orders we have gone into voluntary liquidation.
“The past 18 months have been particularly difficult. We had got used to large orders.”
Mr Watson said he was upset about the folding of the business, which is based next to the Claughton Household Waste Recycling centre which is to close in March.
He added he was saddened to have had to break the news to staff at the business, some of whom had worked there for many years.
Mr Watson, of Longridge, said another reason for his sadness at what had happened was the fact that his father, Joe, had been involved in the business since its formation 46 years ago.
It became a family-run company about 20 years ago.
Mr Watson said of the 10 people who had lost their jobs two had found permanent positions and three had obtained temporary work overseas.
Reflecting on the situation Mr Watson commented: “It seems to be the way of the world. It is very sad.”