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
Parents satisfied with their children's secondary school drops from 85% to 75%. The figure's one key finding by the annual Survey for Wales.
We're currently at the peak of the grass pollen season so pollen levels will remain quite high.
19% of adults said that they smoked. That is the same figure that was reported in 2017.