Bridgend: Pencoed biotech plant closure threatens 540 jobs
The announcement only affects manufacturing at the plant on Bridgend's Waterton Industrial Estate, with commercial and research and development staff continuing to work at company's commercial distribution centre.The Welsh government gave £700,000 to a £2.5m expansion of the plant in 2016, which saw 40 new jobs created.Zimmer Biomet's manufacturing plant is less than a mile from another former key employer in Bridgend, the Ford engine plant.
He added: "Our priority now is to support the staff affected by today's announcement. We will be working closely with Bridgend council, the Department for Work and Pensions and the plant's trade union to ensure employees receive the support they need." The Welsh Conservatives' economy spokesman, Paul Davies, called on the Welsh government to take immediate action to help those affected.
"Once again Wales is being hit by more shattering news, on top of figures which showed that unemployment grew in Wales but shrunk in other parts of the UK."
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