550 jobs to go at Tarmac
The Wolverhampton-based construction company behind projects such as Wembley Stadium has said it will axe 550 jobs across the country. The chief executive of Tarmac Building Products said that “tough underlying market conditions and continuing uncertainly of demand” meant that staff were at risk of redundancy.
The company said that all Tarmac Building Products Limited Precast Solutions and Flooring sites would be affected by the cuts.
Tallington in Lincolnshire will be worst hit, with 217 jobs set to go. Henlade in Somerset faces 106 lost positions, while 69 employees in Lound, Nottinghamshire will lose their jobs.
A further 71 jobs will go in Derby, and three more in Dolyhir, Wales.
Twenty-seven fitters and around 50 temporary staff across the UK will also be affected, said Tarmac.
In a statement, chief executive Blair Illingworth said: “Tough underlying market conditions and continuing uncertainly of demand have led us to review the options for the future of our Precast Solutions and Flooring business, and we have taken the difficult decision to consider its closure. This affects sites across the UK and, unfortunately, means that around 550 people are at risk of redundancy.
"It is not a decision we have taken lightly and we have begun a 90-day consultation period with employees affected by this. We are also liaising with our customers to discuss how this could impact them.”
