Wrexham Wire axes 80 jobs and enters administration
- Published
Eighty jobs have been lost at a wire firm that has gone into administration, Unite union has said.
The union called the news "devastating" for the workforce at Wrexham Wire, which makes fasteners, bedding and seating.
It learned of the job losses on Thursday morning and said the business had been on a shutdown for maintenance.
Unite's regional officer, Dave Griffiths, said: "This is devastating news for a loyal workforce."
He said workers were unfortunate enough to have experienced the "savage blow of administration before" when the company was owned by Caparo Wire.
Caparo Wire is now owned by investment firm RCapital through a series of limited companies.
Mr Griffiths said the union would act to try to ensure workers received any monies owed to them.
He said: "Unite intends to pursue a protective award for its members and has spoken to the administrators today to see if there is potential for the company to be purchased from administration."
The union would help members get retraining, Mr Griffiths said.
"Unite will do everything it can to support our members through these dark times," he said.
The ´óÏó´«Ã½ has approached Wrexham Wire and RCapital for comment.
- Published12 June 2020
- Published5 July 2020
- Published9 July 2020