Administrators from KPMG Corporate Recovery have been appointed to four companies within the Brauer Group.
They are Brauer Coley, based in Solihull, HMCBrauer based in Bletchley, Milton Keynes, Brauer Technologies, the holding company, and Brauer Measuretek, a dormant subsidiary.
The group was established in 1926 and provides engineered tooling products to a number of industries.
Joint administrator Mark Orton said: ?The companies have been suffering from trading difficulties as a result of the challenges facing UK manufacturing. We will look to continue trade in the short term while we seek a going concern sale.?
Eight redundancies have been made at HMC-Brauer and ten at Brauer-Coley.