Trac goes bust, Mode takes over Setsquare

Trac Lighting & Controls has gone into administration following months of unprofitable trading.

The company, which manufactured and supplied floodlights and exterior lighting, and also has an injection moulding division, employed 51 staff at its factory in Thirsk, North Yorkshire.

Forty-two employees have been made redundant, while the remaining nine assist the administrators KPMG, who were appointed on Monday to pursue a sale of the business and its assets.

Meanwhile, Kent-based lighting controls company Setsquare has been taken over by Mode Lighting after it went into liquidation two weeks ago.

Mode, which specialises in electronics for lighting, has bought out some of Setsquare’s assets including stock and IP, and created a new division for Setsquare’s products.

Setsquare was founded in 1981, providing automated lighting controls designed to save energy.