MANCHESTER, England (Dec. 18)—Rubber machinery maker Carter Bros. (Rochdale) Ltd. of Rochdale, England, went into administrative receivership Dec. 8 and since has laid off 43 of its 70 employees, according to administrators BDO Stoy Hayward.
The equipment firm, which reported 2003 sales of about $8 million, has been "a casualty of manufacturing going abroad and foreign competition," said a spokeswoman for BDO Stoy Hayward. The company is in negotiation with several parties, who are interested in acquiring the business, she said. Carter Bros. is best known for internal mixers, but also can supply extruders, continuous mixers, calenders, mills and laboratory equipment.