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UPM says 120 jobs will go at Shotton plant | |
(about 12 hours later) | |
A paper manufacturer has confirmed that more than 100 jobs will go at its Deeside plant. | A paper manufacturer has confirmed that more than 100 jobs will go at its Deeside plant. |
UPM said on Friday that one paper machine will be closed at its Shotton facility at the cost of 121 jobs. | UPM said on Friday that one paper machine will be closed at its Shotton facility at the cost of 121 jobs. |
The firm, which employs 370 staff at Deeside, has announced 373 job losses across Europe. | The firm, which employs 370 staff at Deeside, has announced 373 job losses across Europe. |
The company said: "The measures taken are necessary to improve our operating rates and profitability in the European paper business." | The company said: "The measures taken are necessary to improve our operating rates and profitability in the European paper business." |
The paper producer first announced it was consulting with staff over possible job losses in November last year. | The paper producer first announced it was consulting with staff over possible job losses in November last year. |
While one machine in Shotton will close by the end of March, UPM said all of its mills will continue paper production in a reduced capacity. | While one machine in Shotton will close by the end of March, UPM said all of its mills will continue paper production in a reduced capacity. |
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