Hawick Knitwear assets sold to Lyber 2016 Ltd

Commenting on the sale of Hawick Knitwear assets to Lyber 2016 Ltd, Paul Lewis, Managing Director of Scottish Development International, said: “This is encouraging news against a backdrop of what has been a very difficult time for Hawick and the textile industry in particular. I know this investment by Lyber 2016 Ltd won’t immediately fill the gap left by Hawick Knitwear but it signals a significant investment in the area and will secure employment for 32 people.

“My team in Scottish Enterprise and Scottish Development International have worked tirelessly with our partners over the past few months to help bring this investment to the area, including providing Start Up Aid. They will continue to work with colleagues in the Scottish Borders Council to encourage further investment in the textiles industry and the area.”