The company, which employs 120 people at the site, has seen a fall in orders since the pandemic. Read more:
An aerospace factory is set to close because of falling orders following Covid and rising energy costs.
Radius Aerospace said over the past three years it had been making changes to the site, in Shrewsbury, Shropshire, to adapt to a changing market.It said it planned to close the factory on Whitchurch Road on 19 April 2024, but its other UK plant, in Sheffield, would remain open.The company said the aerospace industry had seen "significant changes" as a result of the coronavirus pandemic and it had seen a reduction in sales to key customers.
It said it had tried altering its products, processes and the size of the business to meet the changing demand, but it had not been enough.Follow BBC West Midlands on
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
120 jobs to go as Shrewsbury aerospace manufacturer set to closeMore than 100 jobs are at risk after plans were announced to permanently close the doors of a Shropshire aerospace manufacturer.
Read more »
Village near Shrewsbury set to create its own development planA village near Shrewsbury is set to embark on drawing up its own plan for how the area should be developed in the coming years.
Read more »
Steve Cotterill praises Shrewsbury's effort in Portsmouth drawShrewsbury Town boss Steve Cotterill said the effort of his players was magnificent in their 1-1 draw against Portsmouth.
Read more »
Travelodge submits amended plans for 83-bed hotel next to Shrewsbury's historic Rowley's HousePlans for an 83-bed Travelodge next to one of Shrewsbury's most historic town centre buildings have been resubmitted.
Read more »
Travelodge re-submits planning application for new Shrewsbury hotelTravelodge has today announced it has resubmitted plans for a new 83-room hotel in Shrewsbury town centre.
Read more »
House and garage saved as shed engulfed by fire near ShrewsburyA house and garage in a Shropshire village were saved from being engulfed in flames after a garden shed caught fire.
Read more »