White goods maker Indesit has today announced the loss of 305 jobs from its Bodelwyddan plant in Wales. It now plans to close the site.
The company has suffered from increased manufacturing costs coupled with a drop in demand for white goods. The site in question makes washing machines.
Carlos Ramos, UK manufacturing director for Indesit said: “Despite our efforts over the last seven years, investing over £30m and aligning production capacity to match market demand, the continuing decline in the market for Kinmel Park’s products leads us to believe that the situation is unsustainable.”
Production will now be shifted the companies other sites in Somerset and Peterborough in a move described as the only “feasible” option.
Indesit also manufacture for the Hotpoint brand.