Shildon-based SLB Steelwork Limited has gone into voluntary liquidation.
The decision was taken after the members of the company, based at the All Saints Industrial Estate, held an extraordinary general meeting at the Eden Arms Hotel, in Rushyford.
It was proved to the satisfaction of the meeting that the company could not, by reason of its liabilities, continue in business.
Director Stephen Thompson signed the resolution and Clive Morris, of Marshall Peters, was appointed liquidator.
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