Shipston factory could face closure (From Cotswold Journal)

Shipston factory could face closure

3:30pm Thursday 24th January 2013 in News By Freya Leng

SHIPSTON’S largest employer could be closing following an announcement this morning.

GE Power & Water have confirmed it is proposing to close Turbine Blading Ltd, an engineering firm in Station Road, which could affect up to 64 members of staff.

The company will now begin a 30-day consultation period with impacted employees before a decision is made whether or not to close the facility.

Nicolas Delaby, spokesman for GE Power & Water, said: “This announcement is in no way a reflection of our employees and their hard work, but part of a long term strategy to simplify our business, manage costs and improve the overall competition position of our fulfillement network.

“We expect a consultation period for a minimum of 30 days. Subject to the consultation, the business will decide whether or not to close the facility.

“If so - in this kind of transitions, GE provides a full range of services and benefits – fully supporting impacted employees.”

Since the closure of the Norgren factory in 2008, Turbine Blading was thought of as the town’s largest employer.

Councillor Jeff Kenner, Shipston ward member at Stratford District Council, said: “This is terrible news for the town if the proposed closure is certain.

“My thoughts are with the workers and their families at this difficult time.”