A Flintshire building firm has gone out of business with 130 job losses.
PT Construction, based on Deeside Industrial Park, has called in administrative receivers.
Jon Newell, from business specialists PKF at St Asaph, which is now handling the company's affairs said the firm had suffered "substantial losses."
Meanwhile, another 52 jobs could go at the First Milk cheese packing plant at Maelor, Wrexham, because of "reduced volumes" in its business.
It announced 93 redundancies only three months ago.
PT Construction also employ sub-contractors, as well as around 100 workers.
Mr Newell added: "There is a high level of indebtedness."
Workers were laid off last week and PKF were called in on Tuesday, with staff being told the news today.
Mr Newell said he had already received expressions of interest from several parties interested in taking over some of PT's contracts in north Wales and north west England.
Apart from construction work, the company has also been involved in electrical contracting and installing and operating security systems.
One worker, who asked not to be named, said: "It's very depressing. Things are very bad in the construction industry and even if you can find a job, the pay rates are not what they were 18 months ago. A lot of people are very upset."
First Milk, which employs 250 workers, took over the site from Dairy Crest in 2006, but has seen a reduction in its output since Dairy Crest set up a packing plant in Cheshire last year.
The company said it hoped any more redundancies would be voluntary.
Chris Palmer, general manager at the Maelor site, said the company potentially required a "smaller number of people to pack cheese as a result of reduced volumes".
He added: "Our priority now is to consult with our people at the Maelor site about the implications of the proposed changes.
"We have been speaking with the unions covering the site and hope that we are able to achieve the role reduction we need, primarily through voluntary redundancy."
In November 2008, First Milk revealed it had lost a contract worth about 40% of its business at the Maelor plant, and 93 redundancies were made.