ERJ staff report (DS)
Westbury, UK -- Avon Rubber has failed to sell its mixing operation in Westbury. The company is now expecting to close the unit and sell off the assets. Avon Rubber's Chairman, the Rt. Hon. Sir Richard Needham, reminded shareholders that Avon has said in November that it was, "committed to the sale of our UK Mixing facility at the earliest opportunity or, if a solution could not be reached, we would close it." Needham said yesterday, "In the absence of any sale of this operation being concluded, we are now starting the process of closure."
A spokeswoman from Avon confirmed that the unit is to close in March, with the loss of about 60 jobs.
Avon will continue to develop its new ARTIS unit (Avon Rubber Technology Innovation and Science) using the compounding expertise developed at the mixing unit. The company will cease to make compound from March and the production workers at the Westbury site will be laid off.
The company is also in the process of launching a new logo. The re-vamped logo was first seen in December and will be steadily rolled out over the coming months. Avon also expects in the next few months, to introduce a new website design.
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Press release from Avon Rubber