FOR IMMEDIATE RELEASE 30 May 2014
A.G. BARR p.l.c. ("A.G. BARR")
Supply Chain Investment and Site Rationalisation Proposals
A.G. Barr p.l.c., the soft drinks group, announces its intention to undergo a further phase of investment at its Milton Keynes facility.
Having successfully completed a first phase of investment and following a comprehensive review of existing operations, it is proposed to invest in high speed carton production capability at Milton Keynes. This £4m investment programme, including £2m of capital costs, will efficiently support current demand and provide future capacity and flexibility for this core packaging format, principally associated with the Rubicon and KA juice drink brands. It is anticipated that up to 27 new jobs will be created in Milton Keynes as a result of this transfer.
A.G. BARR's current in-house carton capacity is located at its Tredegar site in Wales and, subject to employee consultation, it is proposed to close this site at the end of January 2015. There are currently 67 employees at the Tredegar factory who may be impacted by these proposals. The Company will do everything possible to support those affected throughout the process. Where possible, employees will be offered the opportunity to relocate to Milton Keynes.
Further information on the financial impact of the proposals will be given at the conclusion of the consultation process.
For further information, please contact:
A.G. BARR |
Tel: 01236 852400 |
Roger White, Chief Executive |
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Alex Short, Finance Director |
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Instinctif Partners |
Tel: 020 7457 2020 |
Justine Warren |
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Matthew Smallwood |
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