Premier Forest rescues National Timber Systems from administration

House building industry timber supplier Premier Forest Products has bought engineered timber rival National Timber Systems in a deal that secures the future of the business after the collapse of its former parent.
Newport-based Premier Forest bought NTS from administrators following the collapse of National Timber Group England in late November.
The deal safeguards 160 jobs across NTS, with Premier Forest aiming to grow the workforce to around 250 as it looks to expand capacity and product innov