More than 300 jobs to go in Novelis closure
More than 300 jobs will be lost after Novelis confirmed its Bridgnorth foil rolling facility would close by the end of April.
The aluminium firm first revealed it was considering closing the operation in September when it launched a 90-day consultation with the 319 employees at the UK site.
“Despite significant effort by the Bridgnorth team, unfortunately a viable alternative to closure did not emerge for most of the operation,” says Tadeu Nardocci, president of Novelis Europe. “We thank the employees for their constructive approach during this difficult time.”
Novelis said that it is possible that part of the packaging operation at Bridgnorth may be sold as a going concern. The company added that it is in discussions with potential buyers for the printed confectionery packaging business on the site.
The aim is to improve the competitiveness of the company’s overall foil and packaging production system in response to over-capacity in the European foil market and increasing competition from manufacturers in low-cost countries.
The company said that existing customer orders will be fulfilled and clients will be contacted individually regarding the future handling of their business.