Sweden-based SKF has announced it has plans to consolidate its aerospace manufacturing in Europe, the company said.
As a result, SKF proposes to close its bearing manufacturing site in Stonehouse, UK.
The Group 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 31 December 2021, with production moved to SKF´s aerospace bearing manufacturing sites in Italy and France.
Stonehouse currently employs approximately 185 people. The Group is committed to engaging with employees and their representatives and seeks to offer a wide range of support services together with a redundancy package, should the proposal be confirmed.