Construction business Breffni Plant Hire has ceased trading, placing a question mark over 90 full-time jobs. The company plans to call a creditors’ meeting next week.
It said it had ceased trading as a result of financial constraints relating to payments from main contractors to which it has been providing services. It has not yet been placed in liquidation, but it has scheduled a creditors’ meeting for July 22nd in Portlaoise.
Breffni is a sub-contracting business which provides services to main contractors such as plant hire, earth moving and site clearance. The company has 90 full-time staff on its payroll, and worked mainly for the larger civil engineering and construction groups operating in the Republic.
Most recently it has worked on high-profile contracts such as the Terminal 2 development at Dublin airport and on State school-building projects.