Aggregates

Aggregate Industries contractors wary of company's finances

14 December, 2020

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Contractors cautious as company says it cannot pay them in December.

{reg} Subcontractors for Aggregate Industries have expressed caution┬áover accepting further work from the company after being told they┬áwouldnÔÇÖt be paid in December.

An article by Road Transport reports that the company announced that December payments would be delayed until January and that it would affect "all contractors" to the firm.

This move is expected to cause cash flow pressures to the company's suppliers as well as causing them to reconsider their payment arrangements.

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