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Peebleshire textile mill closes
Production at Caerlee Mills in Innerleithen has ended after 225 years. Scotland's oldest continually operating textile mill will immediately shed 33 jobs as efforts to keep it open fail.
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Christine Grahame MSP reacts to mill closure
Christine Grahame MSP has been reacting to the closure of Caerlee Mills in her constituency:
What now?
Workers who have lost their jobs following the closure of Caerlee Mills in Innerleithen are waiting to hear what support they will receive as they attempt to find new employment today.
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Attempts to find buyer fail
Liquidators had hoped to secure a new buyer for the mill which produces luxure cashmere goods.When no interest was expressed the decision to cease trading with immediate effect was made.
Three staff are being retained in the short term to assist winding down the business.
This is another damaging blow to the Borders textile industry which is being squeezed by competition from cheaper foreign imports.
Blair Nimmo of liquidators KPMG said: