Steel giant Tata is to close one of its UK businesses, threatening 180 job losses, it was announced today.
The firm said it intends to close its Living Solutions business at its Shotton site, North Wales, a business which was set up in 2003 to make modular buildings for the construction industry.
Andrew Black, managing director of Tata Steel Building Systems, said: “It is with great regret that, following a detailed review of the Living Solutions business, we have proposed to withdraw from this business activity.
“Living Solutions was set up as a pilot venture to explore a non-core business prospect downstream of our normal steelmaking activity.
“Given the continuing weak construction market and the impending completion of a long-term agreement to supply modules to the defence accommodation sector, Living Solutions has been unable to establish sufficient market presence to justify continuing with the business, which has never been profitable.
“Clearly this is a very difficult time for our colleagues at Living Solutions and I would like to pay tribute to everyone who has worked so hard to try to develop this business venture.”
Tata said the announcement does not affect its other businesses at Shotton, which include Tata Steel Colors, Panels and Profiles and other Tata Steel facilities.