The recycling firm directed by former Manchester City footballer David White has gone into liquidation after the Environment Agency suspended its permit.
Paul Stanley and Dean Watson, partners from insolvency firm Begbies Traynor, have been appointed as liquidators to White Recycling Limited, which used to run sites at Manchester and Burnley and a MRF in Eccles, as well as a fleet of 40 vehicles.
Some 70 jobs will be lost as a result of the closure. Stanley added his firm was talking to several interested parties to see if any parts of the business can be rescued.
The liquidators said the business was “forced to close” after running into regulatory and financial difficulties.
Stanley added: “Firms in the waste processing and disposal sector are finding it increasingly difficult to compete due in part to changes to the regulatory environment, such as the extension of the landfill tax escalator.
“It is unfortunate to see an established Manchester-based business being placed into liquidation, especially given the number of redundancies this brings”.
The EA served the company with a suspension notice on 15 January because the operation at its Eccles site was deemed to pose a risk of pollution. The notice required the company to reduce the amount of stored waste, an EA spokesperson told MRW.
The company was founded in 1958 by former chairman Stewart White as a scrap metal processor. It became White Recycling in 2011.