St Austell-based aggregates company Bodmin Blocks has gone into administration.
The company, based at an 18-acre site in Penwithick near St Austell, employs around 80 people and is a well-known aggregates, haulage, sand, block and decorative goods business.
It suffered from the slowdown in the building industry, however, and Dominic Wong, Robin Allen and Chris Farrington of Deloitte, have been appointed Joint Administrators.
Robin Allen, associate partner in the reorganisations services practice at Deloitte, commented: “Due to improving economic conditions and new opportunities emerging in the building products market, we will continue to trade the business while seeking interested parties to acquire Bodmin Blocks as a going concern.”
Bodmin Blocks owns a ready mix concrete plant and has haulage contracts with a number of leading UK aggregate and china clay companies. The haulage fleet consists of approximately 60 vehicles.
The business also runs a specialist tyre replacement and fitting service from a second site at Carbis Mill and operates a skip hire and waste management business with approximately 150 skips and a waste transfer station at Penwithick.