Agricultural equipment manufacturer Chafer Machinery has filed a notice of intention to appoint administrators, placing the North Lincolnshire-based firm’s future in doubt.
Operating from Upton near Gainsborough, the company designs and manufactures crop sprayers, applicators, and de-icers, supported by a UK-based supply chain. Established in 1901, Chafer Machinery has long been part of the region’s agricultural manufacturing sector.
Its latest financial accounts, up to 30 September 2024, showed a workforce of 43 employees. The move to appoint administrators signals mounting financial pressures within the business, reflecting wider challenges in the agricultural machinery market, where cost increases and fluctuating demand have tested manufacturers’ resilience.
Further details on the company’s next steps are expected following the administrative proceedings.
