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Job losses as pork company closes | |
(about 2 hours later) | |
A County Antrim pork processing firm has confirmed it is to close with the loss of about 100 jobs. | |
Stevenson & Co has been in business in Cullybackey for more than 150 years. | |
The company has blamed the rising cost of fuel and electricity, and a large rise in the price of pigs for the closure of the business. | |
In a statement it said its trading costs had risen by £4,500 per week in the last 12 months, but emphasised that creditors would be paid in full. | |
"We very much regret this decision as it affects both our pig suppliers, customers and employees who have been loyal over the years." | |
The firm manufactured pork products for the wholesale, retail, and catering sectors. | |
The company was established in Ballymoney in 1850 and moved to its current premises in 1982. | The company was established in Ballymoney in 1850 and moved to its current premises in 1982. |