Hopes were high last night that the crashed Eliza Tinsley engineering and hardware group can be salvaged.
Halesowen-based Tinsley, one of the Black Country's oldest metal bashers, went into administration on Tuesday after its banks refused to throw it a cash lifeline.
The move put nearly 1,000 jobs at risk at the group's seven factories in Britain, Italy and the US.
Joint administrator David Duggins of the Birmingham office of Ernst & Young said 24 hours after being appointed: "The response that we have received from the company's customer base has been extremely supportive.
"With such a positive feedback I am confident that we will be able to keep the business trading throughout this difficult period.
"We have been inundated with calls from parties expressing an interest in the various parts of the business and from customers who are keen to have products delivered now, and in the future.
"The reaction from customers and potential purchasers is testament to the quality of the Eliza Tinsley's product lines and is a clear indication that the company and its products are in demand.
"Although only in the first day of administration, this is good news for the company."
Tinsley, which had previously flagged up problems with its UK operations, asked for trading in its Aim-listed shares to be suspended.