THOUSANDS of pounds has been pumped into a major Fleetwood business to rescue it.
Great British Lighting, in Denham Way, which went into administration last month, has been relaunched as GBL (NW) after £100,000 was put into the company by workers and a local businessman.
Two shop floor staff are currently working at the company which specialises in lighting for churches, theatres, pubs, restaurants and public buildings.
The firm began work on an existing £60,000 order book yesterday.
But hopes are high that up to 10 jobs could be created in the coming weeks.
Andy Cumpsty, who owns AC Electrical, a company employing 30 people, is chairman of the new venture.
He said: “It’s tremendous news for Fleetwood and the town needs some good news with things like the loss of the Stena ferry service. We are very optimistic about the future. This is a breath of fresh air.
“Workers had walked out of the door thinking they wouldn’t get manufacturing jobs – they would have to do shelfstacking.
“But now we are back in business.”
Mr Cumpsty spotted an opportunity for GBL and CV Electrical to work together to supply and install lights.
He has made investment alongside workers who lost their jobs.
He said: “We decided we would set up a small co-operative. There are very few companies which do what we do.
Great British Lighting was part of Fleetwood Trawlers Supply (FTS) which went into administration last month.
Also involved in the new project is the former MD, Derek Oldham, of Cosalt which had been part of the FTS Group.
GBL has a worldwide reputation for production of quality, bespoke light fittings.
Terry Rogers, chairman of Fleetwood Town Council, said: “It’s fantastic news.
“Anything is welcome in Fleetwood at the moment to help keep things in place.
“I hope it brings a bit more confidence into Fleetwood and there is a future for us.”