A Scottish steelwork contractor has reached an agreement with Finnish firm Konescranes to purchase its East Kilbride based operation, creating 100 jobs.
J & D Pierce has purchased the 300,000 sq ft plant, along with 14 acres of yard space. Recruitment will soon take place for both manufacturing and office staff.
Last August, it was reported that workers were facing redundancy, as the company was struggling to turn a profit.
At the time, 80 people lost their jobs at the East Kilbride site – specialising in engineered-to-order and configured-to-order cranes – when doors closed.
Based in the town’s Peel Park industrial estate, Konecranes provides specialist lifting equipment for industries across the world.
J & D Pierce managing director Derek Pierce negotiated the deal with Konescranes – the terms of which were not revealed.
Cranes have been built in the facility for more than 60 years and J & D Pierce is “delighted” to continue production to supply and serve the large client base.
The plant also provides greater opportunity for the expansion of the firm’s own road and rail manufacturing division, becoming the headquarters of its strubeam business, which specialises in the manufacture of bridges and heavy plated fabrication.
The plant’s restructuring and refurbishment will commence from next month.
Pierce said: “This is a great step forward for J & D Pierce and strubeam and we hope to create a positive impact in the community in East Kilbride.”
Don’t miss the latest headlines with our twice-daily newsletter – sign up here for free.