UK: Lace Manufacturer Loses Fight For Survival
The general decline in demand for high quality lace, coupled with stiff competition from low cost imports produced by overseas manufacturers, have finally proved too much for Long Eaton based lace manufacturer R Granger & Sons Ltd which has called in the receivers. The business was established in 1888 and has been within the Granger family's ownership since that time. It is now being wound down with the immediate loss of 16 jobs. Twenty-nine employees remain with the company, and will assist the receivers over the next few months.
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