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| 305 jobs to go at Indesit factory | 305 jobs to go at Indesit factory |
| (20 minutes later) | |
| More than 300 jobs are set to go with the closure of the Indesit washing machine factory in Denbighshire. | More than 300 jobs are set to go with the closure of the Indesit washing machine factory in Denbighshire. |
| In a statement, the company blamed the "continuing decline" in the market for the plan to close the factory at Kinmel Park in Bodelwyddan. | In a statement, the company blamed the "continuing decline" in the market for the plan to close the factory at Kinmel Park in Bodelwyddan. |
| It said closing the plant was the only "feasible" option for the company to remain competitive in the UK. | It said closing the plant was the only "feasible" option for the company to remain competitive in the UK. |
| The company said it would immediately consult with union representatives and start a formal consultation. | The company said it would immediately consult with union representatives and start a formal consultation. |
| Carlos Ramos, UK manufacturing director for Indesit said: "We are extremely proud of what is a very skilled and committed workforce at Kinmel Park, and it is with much regret that we have had to make this proposal. | Carlos Ramos, UK manufacturing director for Indesit said: "We are extremely proud of what is a very skilled and committed workforce at Kinmel Park, and it is with much regret that we have had to make this proposal. |
| "Despite our efforts over the last seven years, investing over £30m and aligning production capacity to match market demand, the continuing decline in the market for Kinmel Park's products leads us to believe that the situation is unsustainable. | "Despite our efforts over the last seven years, investing over £30m and aligning production capacity to match market demand, the continuing decline in the market for Kinmel Park's products leads us to believe that the situation is unsustainable. |
| "Due to this the company is now proposing to close the factory." | "Due to this the company is now proposing to close the factory." |
| The company, which also makes the Hotpoint brand, blamed a drop in demand for washing machines and increased manufacturing costs. | |
| Indesit employs about 2,000 people - including 305 at Bodelwyddan - and claims to be the UK's largest "white goods" company by market share. | Indesit employs about 2,000 people - including 305 at Bodelwyddan - and claims to be the UK's largest "white goods" company by market share. |
| There are also factories in Somerset and Peterborough. | |
| It said the announcement followed discussions with trade union representatives, and it would continue with a formal consultation with unions and employees to "mitigate the effects of this proposal". | It said the announcement followed discussions with trade union representatives, and it would continue with a formal consultation with unions and employees to "mitigate the effects of this proposal". |
| The Unite union had recently expressed concerns about the north Wales plant's future, in the wake of a company review. |