A Birkenhead marine engineering firm has closed its foundry with the loss of 40 jobs.
Stone Manganese Marine foundry, which has made propellers for some of the largest ships in the world, including the QE2 and the Royal Yacht Britannia, is closing in a cost cutting move. Other parts of the operation will stay open.
Managing director Dr Graham Patience said ‘unfortunately foundries are very expensive to run.
‘We have had to implement some cost-saving measures in order to keep the company afloat.’