One of Falkirk’s best loved businesses has gone into administration.
Sweetie manufacturers New McCowan’s Scotland announced administrators Grant Thornton had taken over the running of the Stenhousemuir business on Friday.
The firm, famous for its Highland Toffee, pan drops and Wham Bars, also has production facilities in Broxburn and is the biggest independent confectionary company in Scotland.
Begun by Andrew McCowan in the 1900s, McCowans merged with Miller, the maker of pan drops to become Miller McCowan. It was latterly known as New McCowans and the Stenhousemuir factory was renovated only a few years ago to increase production.
Falkirk MP Eric Joyce said: “I have deep concerns for this well known local brand. I hope a buyer can be found and the 103 jobs saved.”
Trevor O’Sullivan and Rob Caven from Grant Thornton Chartered Accountants have been appointed joint administrators of the firm A spokesperson for them said: “Some expressions of interest in the business have been received and we will be exploring these in the coming days.”