Jobs saved as Newcastle manufacturer is snapped up out of administration

Jobs have been saved at a Newcastle manufacturer after it was acquired up out of administration.

A total of 17 jobs have been secured after Walker-based Newarc Limited was bought by national welding manufacturer, Wholesale Welding Supplies Limited, which trades as Weldability.

Martyn Pullin and David Willis, partners at specialist business advisory firm FRP, were appointed joint administrators…

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