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Caithness News Bulletins February 2004

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Caithness Glass Calls In The Receivers
Deloitte Touche the well known accountancy firm have been called in as receivers for the well known Caithness firm of glass makers that have premises in Wick, Oban, Perth and King's Lynn.  The firm have changed hands a number of times over the years and are well known for their paper weights and their long association with the Mastermind trophies.  Up to 50 staff are employed at Wick.  A representative for Deloitte Touch interviewed on television today said they were hopeful of finding a buyer for the business which they are continuing to operate meantime.  The firm is one of the largest private employers at Wick and it would be a severe blow to the area if staff were to be made redundant in an area already suffering a high rate of unemployment.  The other areas involved particularly at Perth where the bulk of the employees are would also see this as a major blow.  Difficult trading conditions were being put forward as the reason for the current problems.