March 10 2014 Latest news:
Tuesday, December 3, 2013
Company confirms 19 job losses as it announces Thomson A&D in Barnstaple will close by mid 2014.
AN engineering factory in Roundswell has confirmed it will close next year with 19 job losses.
Meggitt’s Thomson A&D Facility in Fishleigh Road will be closed by the middle of 2014, the company has announced.
A statement released by Meggitt said: “Over the past three years, Meggitt’s Thomson A&D facility in the UK has struggled to maintain profitability in the face of lower orders from European industrial and aerospace customers.
“An announcement was made to the 19 staff at the Barnstaple facility on September 17 regarding the potential closure of the facility in early 2014. “
The consultation has now finished with staff and the factory will close within the first quarter of 2014.
The statement continued: “16 roles have been made redundant.
“Three have been invited to stay on to assist with the closure until mid-2014.
“All are receiving outplacement services from Meggitt to help find new employment.”