UK: Courtaulds To Stop Production At Bristol Plant
The move, which is subject to a 90-day consultation period, would bring with it the loss of 20 jobs.
According to Courtaulds operations director Derek Laing, the shutdown is expected to be complete before the end of the year.
"In recent years we have seen significant changes across our industry in relation to the sourcing of product and raw materials," he said.
"In order for our company to maintain a balance of competitive prices and customer service, every practical method of cost reduction and service improvement has to be continuously examined.
"It is for this reason that we have proposed to cease production activities in the next four months."
Courtaulds said the factory, which produces Bodywear lingerie for export to the US, could eventually be totally run down, with the loss of a further 46 jobs in areas including product development, support services and technical roles.
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