Prefab award-winner 'cuts losses and closes'
One of the UK's highest-profile prefabrication housing firms, Hanson TiS, has ceased trading and closed its factory in Trafford.
The firm blamed its failure to stay afloat on clients' obsession with experimentation and a lack of reliable orders.
The company - which won a series of awards for its work including its Prefab House in Birmingham - will close at the end of this month and all contracts will be completed by the end of July.
Marketing director Brian Garratt said that there had been a lot of one-off interest and some 'very interesting experimental schemes' but not enough regular work. 'We were finding interest was beginning to snowball, but it wasn't the right kind of interest, ' he told the AJ. 'What we needed was the repeat work on the big schemes. Regrettably we could not see this changing for the better for quite some time in the future so we were forced to cut our losses, ' Garratt added.
Keith Blanshard, the managing director of Yorkon, a major competitor of Hanson TiS, said that it was always a disappointment when another prefab operation went under.