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Last Updated on: Tuesday, August 19, 2008




   

Copper wire factory in Llanelli to close with the loss of 135 jobs

BBC News report that the Dutch owners of the Draka copper facility in the Carmarthenshire town say the business will be 'consolidated' with its other European operations.

It says the sales arm of its operation in Llanelli will also be transferred to its UK headquarters in Derby.

Bosses are blaming high transport costs for the decision, but say they hope to offer jobs at its other plants to the workforce.

The company has confirmed that it is now in a three-month consultation period with unions over when production will stop in Llanelli.

Michael Bosman, the director of investor relations at Draka said: "We can't rule out anything - we are doing our best.

"Of course it is a very harsh measure but we are doing our best to maintain as many jobs as possible."

The site at Llanelli produces copper wire for the company's operations across Europe.

Full BBC News article and video

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