In a statement released this afternoon, the company says it has "no option by to relocate its operational functions."
Halo Foods considered a number of options relating to its manufacturing footprint, which also included the possibility of relocating its entire bar manufacturing operation to Eastern Europe. However, with assistance from the Welsh Government, it has been able to secure its future in Newport, South Wales where a new 25 year lease has been agreed, and a significant investment will be made to upgrade the facility.
We have experienced, loyal and dedicated people in Tywyn and it is very unfortunate that we can no longer retain a manufacturing operation there. There are alternative roles available for all staff at other sites and a support package will be offered to those who wish to relocate.
– Robin Williams, Halo Foods managing director
The move will start in November. Halo says they are now focusing on supporting staff effects and has set up a 'support hub' in Tywyn which will remain in place until March.
Halo Foods is currently reviewing options to invest in its site in Newport, Wales to become a European centre of excellence for snack bars. This would mean that the business could continue to lead the market and create new jobs in Wales in the future.
Part of the proposed business development is the consolidation of its Welsh manufacturing sites under one roof in Newport "which would enable us to grow by being more efficient, cost effective and innovate in an increasingly competitive global market" said Robin Williams, Managing Director.
A 25 year lease has been agreed on the site in Newport where the newly refurbished, purposely designed site would give customers more variety and choice whilst fulfilling Halo's ambition to become a greener business.