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Fears for redundancies at Cornish agricultural company

Fears for redundancies at Cornish agricultural company

Published by Sarah Yeoman at 8:47am 2nd September 2019.

There are fears for redundancies as a Cornish agricultural company closes part of its business.

WH Bond is 'retiring' from plant hire and agricultural machinery sales.

All its equipment is now going to be auctioned off in October.

Bosses say it is down to "market conditions" and the uncertainty of Brexit., insisting that the rest of the business will not be affected.

You can find out more here.

"Due to market conditions, coupled with the uncertainty of how Brexit will affect the plant and machinery sectors, WH Bond has made the decision to retire from plant hire and agricultural machinery sales, culminating in an auction of all equipment on 3rd and 4th October. 

"The rest of the WH Bond businesses will not be affected.

"WH Bond has always been known for its 'serial diversification' which has ensured the survival of the business during the last 62 years. 

"Now WH Bond is again looking at its core business, making the right decision for the group, focusing on Bond Timber, bespoke contracting, the agricultural businesses, as well as diversification into new and exciting projects."

WH Bond

Details of the upcoming auction sale:

  • Viewing - from 9am to 4pm on 30th September 1st & 2nd October
  • Sale days - 3rd October and 4th October
  • Sale Site - WH Bond, Bake Farm, Trerulefoot, Saltash, Cornwall PL12 5BW

About WH Bond:

WH Bond & Sons Ltd is a family owned and family run business operating throughout the South West. 

William Hermon Bond was a tenant farmer of the Port Eliot Estate. His farm expanded from around 30 acres supplemented by a local milk round to, 140 acres in nearby Trerulefoot in 1942. 

William saw rapid improvement in yields were going to cause over-production and told his three sons - Jim, Hermon and Martin - that they would "farm themselves out of business". 

This piece of advice would lead the Bond family to become "serial diversifiers" for the next 60 years with a variety of businesses. 

In 1957, William joined forces with two of his Sons, Martin & Hermon and in 1957, WH Bond & Sons was formed. 

Today, the company's departments include; Timber Sales, Bespoke Contracting,  Earthmoving, Agriculture and Land Developments.

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