Job losses in Highbridge as furniture firm goes into administration (From Burnham and Highbridge Weekly News)
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Job losses in Highbridge as furniture firm goes into administration
A FURNITURE firm in Highbridge has caused hundreds of job losses after going into administration.
Woodberry Bros and Haines Furniture Group, based on Walrow Industrial Estate, Highbridge, recently announced that they had entered administration following financial difficulties and no potential new buyer or investors has been found.
Around 175 people are believed to have lost their jobs after the company and administrators PricewaterhouseCoopers confirmed the news yesterday (July 2).
The company had been a leading furniture manufacturer for retailers in the UK since 1949, with a turnover of £10million.