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