Joloda International Jobs Blow For Island
More jobs are at risk at Joloda International Hydraroll, the conveyor belt factory based in Gaerwen on Anglesey, as a formal 30-day consultation gets underway.
The global economic downturn appears to be having a significant effect on the Liverpool-based company's order book, and 10 positions were lost in December.
According to Paddy Macnaught of Unite the Union, the factory workers were informed on Wednesday that a consultation was about to begin.
Last year Joloda received a boost when it secured a three year contract with FedEx Memphis
as well as winning orders to install specific equipment at a Saudi Arabian petrochemicals plant.
At this time it was hoped an extra 20 jobs would be created on top of the 51 people already employed at the factory.
The Welsh Assembly Government has helped Joloda with modernising and improving the capacity of the Gaerwen factory, and will look at ways of strengthening its competitiveness over the long term.
This news comes on the back of major concerns for the local island economy with the news that the Anglesey Aluminium smelter
at Holyhead will close with the lose of 500 jobs.