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Food factory in Cornwall at risk of closure

Food factory in Cornwall at risk of closure

Published by Emma Carton at 12:14pm 23rd October 2019.

A food factory in north Cornwall announces it might have to close, putting 270 jobs at risk.

Tulip Ltd, which produces processed meats like bacon, has revealed its Bodmin site has been operating at a "significant loss".

Bosses have launched a 45-day consultation with staff, that is due to end just weeks before Christmas.

They are still trying to secure a recovery plan and insist, at this stage, closure is not a "forgone conclusion".

Tulip Ltd Bodmin
Tulip Ltd has announced its factory at Bodmin could have to close, putting 270 jobs at risk. Photo: Google Maps 2018

"Tulip Ltd can confirm that it has announced that it will be entering into consultation with employee representatives at its Bodmin facility over the future viability of the site.

"The site has been operating at a significant loss for several years and while it remains a well-invested site with industry-leading capabilities, it is unsustainable to maintain operations under the existing business model.

"Closure is not a foregone conclusion and Tulip Ltd is seeking to galvanize employees, customers and suppliers to coming together to agree a viable plan for the sustainable future of the site. 

"However, unless we can secure a joint recovery plan with our strategic partners and employees, we cannot continue to operate while making such significant losses. 

"Therefore, we have begun a 45-day consultation process over proposals to cease production at the site, potentially putting 270 roles at risk of redundancy. 

"We expect the consultation period to end on 9th December 2019".

Tulip Ltd

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