Remploy factory in Port Talbot to close
PORT Talbot's Remploy factory is set to close.
The company has confirmed that no viable bids had been received for its furniture business and as a result the factory in Baglan will close.
Around 70 workers at the factory face compulsory redundancy and today have been handed letters giving them one month notice.
A statement from Remploy said it was in May when it announced that a preferred bidder had been identified for its furniture business.
There were detailed negotiations with the bidder, Metalliform Holdings Ltd, but the company was unable to continue with their original bid for the entire business.
The statement said: "As a result, in July Remploy re-opened discussions with other bidders who had submitted best and final offers for the furniture business or its assets to ascertain whether they wished to submit revised offers.
"Best and final offers were evaluated by Remploy and the Company's advisers KPMG and the evaluations were approved by the Department for Work and Pensions (DWP) and an independent panel of experts appointed by DWP.
"The Remploy Board has given careful consideration to the bids which were assessed for viability on a series of criteria including continued employment of disabled people, value for money for the taxpayer and the sustainability of the business.
"The board has determined that no viable business bids meeting these criteria were received for the furniture business and as a result it will close and all its factories will now move to closure.
"All 196 employees, including 160 disabled employees, in factories at Blackburn, Sheffield, Neath and the Furniture Business Office remain at risk of compulsory redundancy.
"They will be invited to at least two individual consultation meetings over the next 30 days to discuss the options and the support that will be available to them."
The statement said there has however, been "a number of bids" received for the assets of the furniture business.
It said: "Remploy is assessing whether these proposals offer value for money and whether there is any real prospect of employment opportunities for disabled people and will continue negotiations with any bidders whose asset bids are successful."
It added that the Government has put in place a "comprehensive package of support" to help each disabled employee made redundant.
*If you are a Remploy worker please get in touch with Gill Roberts by email or on 01792 514626