PRODUCTION at the crisis-hit Mortons Rolls factory could restart this weekend.

The Glasgow Times understands that a group of investors, primarily made up of local business people, are working with liquidators to seal a deal that could potentially see many of the 250 staff reinstated in the short term.

It is believed that the Drumchapel-based plant could be back in action on Sunday.

SNP MSP for Anniesland Bill Kidd said “I have been informed by the chair of the angel group, who are in the process of taking over Mortons Rolls, that after days of intense negotiations with HMRC, Morton’s are looking to start production on Sunday evening.

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“Managers have been called in to deal with the logistics of re-starting production.

“This is the first step of re-escalating production, and we are hopeful that as many employees as possible will be returning to work.”

Glasgow Times:

We previously told how Mortons Rolls ceased operations after 58 years earlier this month as the firm collapsed, leaving jobs hanging in the balance.

Redundancy notices began to be issued to staff on Monday night after a provisional liquidator was appointed last week.

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Mr Kidd added: “I’m very hopeful that these vital local jobs can still be saved - and work is ongoing to make this happen.”

For the year to the end of March 2021, the company reported a loss of £262,000 on a turnover of more than £11.8m.

Mortons Rolls have been approached by the Glasgow Times for comment.