Business / No plans to sell or close Tulloch Developments
A LARGE local civil engineering firm, rumoured to be closing down, will continue to do business as Tulloch Developments after the two families owning the company decided to go separate ways.
Workers were told at the end of last month that following years of large civil engineering projects throughout the isles, the company was hitting a lull with no big jobs lined up and that changes to the workforce were inevitable.
Meanwhile, George, Joe and Peter Smith will be taking a new direction with their own company.
Director Shaun Tulloch, who is set to continue the business with his brother Stuart, said the two families had not fallen out, and were parting company on good terms.
He told Shetland News it was very much business as usual at the Gremista-based firm, with a change of directorships now in the pipeline.
He added no-one had been laid off but conceded that a few employees had “drifted off” and had found new employment elsewhere due to the recent uncertainty regarding the future of the company.
Tulloch said the nature of civil engineering projects in the isles was changing with longer lead-in times and requiring a lot of resources.
A recent workshop, hosted by Sullom Voe Terminal operator EnQuest sought to reassure local businesses of the opportunities that have in participating in future energy transition projects.
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