TELFORD, England (Oct. 7) — Hutchinson S.A. is closing its automotive profiles factory in Telford, citing high costs, industry overcapacity and future "adverse trading conditions."
The closing, scheduled for January, will affect 130 employees.
Production from the factory, known as Russells Rubber prior to Hutchinson´s buying it in 1992, will be shifted to other Hutchinson plants in Poland and France, according to Rob Fairclough, managing director, who said continued price increases in energy and raw materials and overcapacity in the industry made the factory uneconomic to run.
Employment is down from 400 just a few years ago.
Hutchinson said it will continue to have a small "techno-commercial team" in the United Kingdom to ensure continued customer service. The firm did not identify its key customers in Great Britain.