A further 41 redundancies have today been made at Paramount Food Limited's Deeside premises. The amount of redundancies have now reached 173 across the company’s two sites, 41 in Salford and 118 in Deeside. with 14 salaried redundancies across the two sites.
"Order volumes have fallen and the Company’s declining turnover cannot sustain its existing level of overheads. Further redundancies were required...in order to enable continued trading in the short term whilst a purchaser is sought".
– DAVID WHITEHOUSE, PARTNER, DUFF & PHELPS, JOINT ADMINISTRATORS
More top news
58% of people in Wales are obese or overweight, according to the findings in the annual report by the Chief Medical Officer for Wales.
There are concerns mounting over a plant growing out of hand across Wales which is devaluing properties by half.
Getting fresher and brighter in the north this afternoon