More than 180 jobs could go as engineering firm proposes closure of Gloucestershire site
SKF has announced it plans to shut its bearing manufacturing site in Stonehouse which could result in the loss of 185 jobs.
It said it plans to consolidate its aerospace engineering footprint in Europe and it will now enter into a period of consultation with employee representatives.
Should the proposal be confirmed, manufacturing at the site in Stonehouse will cease by December 31, 2021, with production moved to its sites in Italy and France.
Bernd Stephan, President, Automotive and Aerospace, said: “This consolidation is necessary in order to secure a continued competitive offering for the Aerospace industry, as it shifts away from legacy engines and aircraft to more modern ones.
“We will be able to make better use of more modern machines and manufacturing technologies at our sites in other parts of Europe.”