This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.bbc.co.uk/news/uk-england-humber-22286533

The article has changed 2 times. There is an RSS feed of changes available.

Version 0 Version 1
Bluestar Fabrics in Grimsby: Up to 175 jobs could go Bluestar Fibres in Grimsby: Up to 175 jobs could go
(about 4 hours later)
Nearly three-quarters of the workforce at a factory in Grimsby could be made redundant, according to company bosses.Nearly three-quarters of the workforce at a factory in Grimsby could be made redundant, according to company bosses.
Bluestar Fibres said "the economic downturn and a subsequent reduction in demand" meant it was considering stopping production at its Moody Lane site.Bluestar Fibres said "the economic downturn and a subsequent reduction in demand" meant it was considering stopping production at its Moody Lane site.
The company, which makes carbon fibre components, said this would mean up to 175 of its 238 employees could be made redundant.The company, which makes carbon fibre components, said this would mean up to 175 of its 238 employees could be made redundant.
A 45-day consultation period has begun.A 45-day consultation period has begun.
Chief executive Hendrik Muller said: "We will be preserving the plant facilities to enable us to potentially restart production subject to market conditions improving.Chief executive Hendrik Muller said: "We will be preserving the plant facilities to enable us to potentially restart production subject to market conditions improving.
"But our focus in the meantime will be on the welfare of the workforce, helping them through a difficult time and ensuring that we look after them as much as we can and help to prepare them for new employment opportunities in the local region.""But our focus in the meantime will be on the welfare of the workforce, helping them through a difficult time and ensuring that we look after them as much as we can and help to prepare them for new employment opportunities in the local region."