300 jobs go as washing machine factory shuts
Washing machine manufacturer Indesit has announced that it plans to pull the plug on a factory employing 305 people.
The company said its Kinmel Park factory in Bodelwyddan, north Wales, was unsustainable because the market for washing machines was in decline.
A spokesman added the proposal to axe the jobs was also made because of increased manufacturing costs.
Indesit, which employs about 2,500 people elsewhere in the UK, said closing the site was the "only feasible option to enable Indesit Company to remain competitive, and ensure the long-term future of the business in the UK".
The proposal follows ongoing discussions with trade union representatives of the Indesit Company European Works Council (EWC).
Carlos Ramos, UK manufacturing director, Indesit Company, said: "We are extremely proud of what is a very skilled and committed workforce at Kinmel Park, and it is with much regret that we have had to make this proposal.
"Despite our efforts over the last seven years, investing over £30m and aligning production capacity to match market demand, the continuing decline in the market for Kinmel Park's products leads us to believe that the situation is unsustainable.
"Due to this the company is now proposing to close the factory."
The company will now begin formal consultation with local trade union representatives and all employees at Kinmel Park.