Fears for 125 jobs as factory announces closure plans
Staff at a Gloucester factory on the site of the county's historic former airport could be facing redundancy after the owners announced plans to move all work abroad to “strengthen” its position.
One hundred and twenty five staff are waiting to hear their fate after the owner of the Gloucester factory they work in announced this week it was exploring plans to close the operations.
Brockworth-based Invista, owned by American giant Koch Industries, said if it went ahead with it's proposal it would move operations to its base in Kingston, Canada, and also be exploring sites in China.
The intention, according to the business, would be “to strengthen its global operating footprint and position the business for long-term competitiveness”.
It would bring to an end operations on a site which was famously once part of the Gloster Aircraft Company, which opened more than 100 years ago and produced military aircraft for the Second World War and the first ever British jet plane.
Brook Vickery, INVISTA president and chief executive officer, said: “These proposals are not a reflection of their performance or commitment, but rather a response to today’s market env…
