UP to 60 workers at a Methil-based civil engineering firm are facing redundancy after it called in administrators.
The JKF Group, with headquarters at Methil docks, is understood to have appointed chartered accountants Johnston Carmichael after it fell into financial difficulty.
It’s another blow for Levenmouth, which has seen a number of jobs lost lately through the demise of Focus DIY and Acorn Pet Centres.
Nobody was available for comment at JKF, whose phones rang unanswered when tried.
Workers at the JKF Group were left “genuinely stunned” after being told the Methil based firm had fallen into administration.
Officials from JKF were unavailable for comment but the Mail understands everybody was shocked by the speed of developments.
A former worker said all employees had gone on short-time working earlier this year and wages were cut by 10 per cent around February.
It was hoped at the time this was just a temporary measure to reduce costs.
The ex-employee said there had been administrators on the premises for about three days and, while staff knew the company “hadn’t been in great shape financially for a while”, it was thought they were there mainly to look through the books.
Workers suspected there may be a few redundancies - but were shocked to be told the whole place was shutting.
Around a dozen administrative staff were given the news on May 11 that their contracts were effectively being torn up, with the firm’s on-site workforce informed the following day.
The premises had remained closed since May 13 and management at the group were also said to be visibly shocked by the announcement.
Established in 1971, the JKF Group changed its name from James Keiller Fencing in 2003.
Initially focusing on fencing, it developed to offer other services including construction, ground work, landscaping, civil engineering and professional services along with sports facilities and environmental improvements.