Two employees of a Preston based metal firm have appeared in court accused of each stealing £64,000 of brass metal.
Paul Vincent Dilworth, 30, of Chestnut Crescent, Ribbleton, Preston, is accused of stealing a quantity of brass worth £64,620 between March 2012 and January this year from Henry Halstead Ltd, based at Holly Place in Walton Summit, near Preston.
Matthew Parkinson, 40, of Church Walk, Ribbleton, Preston, is accused of stealing brass worth the same amount of money over the same time period.
He has indicated a plea of not guilty to the court.
It is understood both men worked for the firm, which has traded for more than 130 years in Lancashire.
They made their first appearance at Preston Magistrates Court and were given conditional bail until their next appearance at court.
The specialist distribution firm, which did not comment, is one of the UK’s largest suppliers of small components and consumables to the manufacturing industries.
The company was founded as a manufacturing business in 1880 at the Borough Bolt Works in Blackburn, but it moved into distribution in the 1970s and uses a Japanese simple purpose built stock control system known as Kanban.
Its customers are mainly medium to large sized original equipment manufacturers (OEMS) across the UK,
It employs more than 60 staff at sites in Preston and Sunderland, which supply more than 40,000 components, fasteners and consumables such as fasteners and fixings, lubricants, resin, cable ties, goggles, and screw driver bits.
Both men will appear at Preston Crown Court on January 21.