The appointment of administrators to Dundee building company Muirfield has been described as "a bitter blow to the local economy" by construction union UCATT.
The company has confirmed it has appointed administrators and that its 270 strong workforce had been sent home on gardening leave. Muirfield Contracts has offices in Dundee and Aberdeen.
The union said its officials will be seeking a meeting with the administrators to discover if the company can be rescued.
Harry Frew, Regional Secretary for UCATT Scotland, said: "Muirfield is a major employer in the region especially in Dundee, if the company cannot be rescued it will be a bitter blow and create a major hole in the local economy."
UCATT said that, in the case of redundancies, it will ensure members receive full entitlement and a protective award "for the company’s failure to advise and consult them before making them redundant."
Mr Frew added: "If there are job losses UCATT will do everything it can to ensure that members receive everything that they are entitled to while providing assistance in helping workers find alternative employment."
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