Goodwins Timber Frame’s two factories in Ireland and Wales are closing because of the construction industry slowdown.
The company, part of the Dublin-based Goodwins Group, said it regretted the decision to close the business because of the “downturn in the construction industry and the consequential decline in business”.
It said the company had ceased trading and was now being wound up. A total of 90 staff are believe to be affected.
The closure of Goodwins Timber Frame’s factories at Tullow and Pontymister sees the end of one of the larger timber frame manufacturers in the UK and Ireland. It branched into timber frame in 2001 and built the division up to a production of about 4,000 units annually and a €20m turnover.
Earlier this year Goodwins completed a multi-million euro extension at Tullow to improve its production of Ecojoist floors. The expansion enabled the company to move the Ecojoist press into the correct position within its floor cassette line.
The Goodwins Group also runs two builders’ merchant sites in Dublin under the name Goodwins Builders Providers
The group is led by Jonathan Goodwin, son of William Goodwin, who started the company in 1978.
