Scottish contractor Hadden Construction, with 66 redundancies, enters administration due to rising costs and supply chain issues.
Hadden Construction, a major Scottish contractor, has entered administration, leading to the redundancy of 66 employees. The firm, based near Auchterarder, cited rising material costs, labor expenses, and supply chain issues as key factors in its collapse. Administrators from Alvarez & Marsal have halted operations to review ongoing projects and are open to investor interest in the company's assets while providing support to affected workers.
September 10, 2024
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