The institution is reportedly closing nan Blackwood mill successful Wales owed to rising costs pressures, pinch occupation losses expected.
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Brace’s Bakery successful nan UK is reportedly readying to adjacent a mill by early adjacent twelvemonth owed to rising costs pressures.
According to WalesOnline, nan business plans to shutter its Pen-Y-Fan business tract successful Blackwood, Wales, because of “increasingly difficult” conditions successful nan breadstuff market.
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Just Food has approached Brace’s Bakery and nan Baker’s Food and Allied Workers Union for confirmation of nan plans.
Jonathan Brace, nan head of Brace’s Bakery, told WalesOnline that nan institution expects location to beryllium “less than 20 redundancies” arsenic portion of nan mill closure.
Meanwhile, astir of nan remaining unit will reportedly move to Brace’s Croespenmaen site, which is located astir a mile away.
The Welsh business supplies bread, Welsh cakes, rolls and different artisanal products to awesome supermarkets.
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The news comes arsenic nan UK breadstuff marketplace has been deed pinch rising costs and economical pressures of late. For example, Roberts Bakery precocious group retired plans to adjacent a mill successful central England.
The Cheshire-based bakery was past saved from going nether this week by nan backstage finance conveyance of UK-based entrepreneur and billionaire Ranjit Singh Boparan.
Associated British Foods (ABF) besides revealed that it is to acquire nan Hovis breadstuff business from UK headquartered private-equity patient Endless.
Brace’s told nan section publication: “It will beryllium very sad to spot semipermanent loyal unit time off nan business, but retired of this we will beryllium securing complete 200 jobs.”
Meanwhile, a missive sent to staff, seen by nan Welsh publication, said that nan accumulation of astir products produced astatine nan Pen-y-Fan mill will transportation to nan Croespenmaen works by 1 January.
The missive stated: “It is hoped that nan mostly of imperishable unit employed astatine Pen-y-Fan will transportation to Croespenmaen successful accordance pinch nan position of their employment contract.”
Brace’s told WalesOnline: “The breadstuff marketplace has changed dramatically successful nan past 18 months, pinch group moving distant from modular sliced breads.
“The full of nan manufacture is emotion nan consequences of a declining marketplace pinch Morrison’s closing their Rathbones sliced breadstuff bakery, nan projected merger of Allied Bakeries and Hovis, and Robert’s, a ample family bakery successful Northwich Cheshire, going into administration.
“There has been rising costs pinch wages, state and electric, [and] nan summation successful nationalist security person each added to nan marketplace pressures.”
Brace’s Bakery’s astir precocious published financial accounts, revenge pinch Companies House for nan twelvemonth done September 2023, show an summation successful turnover from £30.5m ($40.9m) successful 2022 to £37.1m successful 2023.
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