203 jobs at risk in Merthyr

Two hundred and three jobs are under threat at a factory which makes forklift trucks in Merthyr Tydfil, as the owners announce plans for its closure.

Job fears at Merthyr Tydfil forklift truck company

Two hundred jobs are under threat in Merthyr Tydfil, as forklift truck company Linde announced the site there could close.

Just four years ago they employed around 400 people, but say the continuing economic downturn means they have never been able to make a profit

In an area already high in unemployment it's yet a further blow, whilst Unions say it's another nail in the coffin of Welsh manufacturing, as Rob Osborne reports.

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Merthyr AM comments on Linde factory consultation

It is deeply worrying to hear that the Linde factory here in Merthyr Tydfil are consulting on 203 job losses.

Should the closure of the plant go ahead, it would be a major blow to the local economy and has the capability of causing considerable hardship upon its employees and their families.

I know that the Welsh Government has been keen to provide business with every possible assistance during these difficult times and I have urgently written to the Welsh Government seeking their assistance. I will be also meeting with management and trade unions in the near future.

– Huw Lewis AM, Merthyr Tydfil & Rhymney

203 jobs at risk at Merthyr forklift business

Two hundred and three jobs are under threat at a factory which makes forklift trucks in Merthyr Tydfil, as the owners have announced plans for its closure.

The Kion group said the factory has failed to make a profit since it was restructured in 2007.

The company is entering a 90-day consultation period with employees.

Despite all possible efforts, including a sustained period of restructuring since 2007, the site has never reached profitability in the face of strong macro-economic headwinds. With much regret, the KION Board has decided to enter into consultation about the potential closure of the site in order to ensure the future competitiveness and long-term sustainability of the Group.

– Gordon Riske, CEO of KION Group