Molins, the tobacco and packaging machinery manufacturer, is to close the production facilities of its corrugated cardboard machinery company at Bristol and move the work to its US site in New Jersey.
The subsidiary company, Langston Europe, will lose 40 production staff and retain a sales and service operation: 23 of these staff will be made redundant, the rest are expected to be employed elsewhere in the group.
`After much hard work by all concerned we have made improvements,’ said the company, `but as yet we cannot be confident of sustaining our position without making further changes which continue to enhance our performance.’
The market for corrugated cardboard machinery has suffered because of the high price of paper. The closure follows similar action at a US cardboard machinery plant at Maryland.
Molins is also to close its electronics site at Orpington, Kent, next month after a gradual reduction in staff from 150 staff to 29.
The factory closures have cost the firm around £4m.
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