Partner Article
68 jobs to go at pipe making factory
A pipe making factory in County Durham is to close with the loss of 68 jobs reports claim.
Radius Systems, which is based on the Newton Aycliffe Industrial Estate, makes pipes and fittings for the gas, water and telecommunication industries.
The company said it planned to move production to two factories in Derbyshire and Northern Ireland by the end of the year, to reduce costs.
Chief executive Stuart Godfrey said staff affected would be offered transfers to remaining plants.
Mr Godfrey said: “The decisions were not taken lightly, and only after very careful analysis of the current and future needs of the business.
“Whilst it is deeply regrettable that a restructuring of the business results in job losses, these changes are necessary to maintain our competitiveness.”
The Newton Aycliffe site opened in 1963.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Will the Employment Rights Bill cost too much?
A game-changing move for digital-first innovators
Confidence the missing ingredient for growth
Global event supercharges North East screen sector
Is construction critical to Government growth plan?
Manufacturing needs context, not more software
Harnessing AI and delivering social value
Unlocking the North East’s collective potential
How specialist support can help your scale-up journey
The changing shape of the rental landscape
Developing local talent for a thriving Teesside
Engineering a future-ready talent pipeline