45 Jobs At Risk As Company Proposes To Close Magherafelt Factory
UP to 45 jobs could be lost if a proposal to close a precast factory in Magherafelt goes ahead.
Acheson and Glover have put forwards plans to close its South Derry operation on the Ballyronan Road, Magherafelt and consolidate pre-cast manufacturing to its Ballygawley headquarters by the end of 2018.
A 30-day consultation process into the management proposal is now underway.
The family-run company has confirmed that the decision follows an in-depth review of the Precast business over a nine-month period following an ongoing downturn in orders for its Hollowcore flooring and precast stairs as a result of uncertainty in the marketplace driven by Brexit.
Chief Executive, Raymond Acheson, said: “AG’s plants at Ballygawley and Magherafelt had been running at 60% capacity for some time and, with a reduced pipeline for Hollowcore flooring and precast stairs, anticipated demand will be better served by running one factory to its full capacity.
This story is from the 20 February 2018 edition of County Derry Post.
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This story is from the 20 February 2018 edition of County Derry Post.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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