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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.

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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

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