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17Feb94 UK: SCOTS FABRICATION YARDS FACE AXE.

Up to half of Scotland's big offshore fabrication yards face closure in the next few years because of dwindling orders, says a new report.Mackay Consultants of Inverness estimates Scotland's four big fabrication yards ran at just 20 per cent capacity last year, and had to axe 5,500 jobs.It forecasts that in the short term there is little prospect of workloads rising and continued over-capacity could push some yards to the brink.Mackay warns: 'It is possible that the four large platform ...

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