Taranaki DailyNews reports  that Taranaki's Amtec Engineering at Bell Block closed and made all of its staff redundant last week.

The downturn in the oil and gas industry has forced a Taranaki engineering company to shut up shop and lay off all of its staff.

On Friday employees at Amtec Engineering, Connett Rd East Bell Block, were called into a meeting and told they were all being made redundant.

The company's 44 staff were given a letter stating while the business' directors had hoped things would improve, it was closing the doors on the basis it was insolvent and was unable to continue trading.

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|  A Taranaki Daily News release  ||  July 30,  2017   |||