Preston casting manufacturer rescued saving all 80 jobs

The business and assets of Coupe Foundry in Preston have been sold out of administration, securing the jobs of all 80 staff.

The castings manufacturer has established a strong reputation and is the UK’s largest jobbing foundry, supplying cast iron, ductile iron, alloyed irons and steel castings to a wide and varied customer base throughout Europe.

The new company is co-owned by Shakespeare Foundry, a well-established North West business, which will complement the offerings of Coupe Castings, and Eaves Machining Ltd, a former customer of Coupe Foundry Ltd. “This is a well-established business with a loyal customer base which has been faced with extremely challenging trading conditions,” explains said administrator Jason Elliott. “Not only are we delighted to have been able to achieve a sale of the business but additionally, the combined experience and knowledge of this sector that the purchasers bring should ensure a long term viable future for the business and its employees, which is great news for its staff and customers.”