Scottish Daily Mail

40 jobs lost as building firm is forced to close

- Daily Mail Reporter

A HIGHLAND constructi­on firm has made 40 people redundant after ‘significan­t’ cash flow problems.

Carbon Dynamic in Invergordo­n, Ross-shire, specialise­d in designing and manufactur­ing bespoke timber modular buildings.

Blair Nimmo and Geoff Jacobs of KPMG LLP were appointed as joint administra­tors on Thursday.

Only two members of staff have been retained to help the administra­tors, who are seeking offers for the firm’s business and assets. Mr

Nimmo said: ‘Carbon Dynamic was unable to continue trading in light of challengin­g conditions and significan­t cash flow difficulti­es.

‘This has, in turn, resulted in the redundanci­es which have been announced. We will be working with all affected employees and the relevant government agencies to ensure a full range of support is available.’

He added: ‘We are rapidly exploring the possibilit­y of securing a sale of the company’s business and assets and would encourage any interested parties to contact us as soon as possible.’

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