Torsion Construction goes into administration
Torsion Construction has lost its fight for survival with the contractor officially placed into administration on Tuesday and Interpath now running the company.
Directors at the £165m turnover business had been exploring options to save the firm but were sunk by trading conditions across construction.
The Enquirer understands Torsion has been working to secure direct payments to subcontractors to minimise the supply chain hit.The construction arm was working on 12 live sites and is working
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