Over 900 jobs are under threat after a major seafood company confirmed formal consultations are to open with view to the closure of two northern factories.
Young’s Seafood is looking to restructure following the loss of a major contract and the firm’s factories in Fraserburgh and Grantown on Spey both now look set to close.
After losing the contract to supply salmon to supermarket chain Sainsbury’s, the company has announced it is opening a formal consultation with workers that would see both the factories in Fraserburgh and Grantown On Spey shut down.
Pete Ward, Chief Executive of Young’s Seafood Limited, said: “Today’s announcement does not reflect on the skilled teams at Young’s Fraserburgh and Spey Valley, who are committed, dedicated and continue to work hard through this time.
“This process will not be easy, but we have to face some tough decisions and we believe the proposals, outlined today, could deliver a significantly more sustainable manufacturing footprint than other potential consolidation options.
“As we move forward, we continue to be focussed on providing our customers and consumers with high quality, good value, fish and seafood and we will talk, in detail, with employees about options for the future.”
A spokeswoman for the company confirmed that if, following consultation, this proposal is implemented, it is likely to result in the loss of over 900 jobs across the Fraserburgh and Grantown on Spey sites.
The company would then focus on sites in Livingston, Annan and Grimsby, where 200 jobs could be created.
More to follow.