UK: Textile Machinery Company Closes Down, 300 Lose Jobs
A UK textile machinery company has closed down its Yorkshire factory with the loss of more than 300 jobs. Crosrol, which is based at Halifax in West Yorkshire and which makes carding machines and other textile machinery, has gone into receivership. The company has gone into liquidation less than a year after its founder, Andre Varga, died. It was the last remaining maker of spinning room equipment in the UK.
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