Jobs set to go at Bridlington's Britax PMG factory
EAST Yorkshire's job market has suffered yet another blow as a Bridlington manufacturer becomes the latest to announce job cuts.
Britax PMG, on the Bessingby Industrial Estate, has said up to 20 posts could be made redundant as a result of tough trading conditions.
The company is a leading supplier of amber hazard warning beacons, as well as vehicle lighting and mirrors for all types of construction and off-road vehicles.
It currently employs more than 240 people, making it one of the largest private-sector employers in the town.
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A spokesman for Britax PMG said despite a "very good performance" last year, the company has seen its market deteriorate in the past few months.
He said: "We very much regret the need for these redundancies but with no real visibility of an increase in market recovery at this stage, we do not believe there is a realistic alternative.
"We are committed to continuing to invest in our facilities, including Bridlington, and communication is taking place with the employees."
Britax PMG was established in 1946 and is now part of the Public Safety Equipment group of companies.
The spokesman said: "As we have done previously when we have seen our business decline through market conditions, we are inviting volunteers for redundancy to rebalance our capacity and costs in line with current demand."
The announcement of job losses at the firm comes just days after Kimberly-Clark unveiled plans to close its Barton factory, with a loss of more than 350 workers.
It also adds to the 259 jobs on the line at Seven Seas after the company announced it was looking to close its factory in Hull – the city where Seven Seas was founded more than 75 years ago.
The growing number of job losses would appear to make a mockery of last week's assertion from David Cameron that the double-dip recession is over.
The Prime Minister's comments came off the back of the latest figures from the Office of National Statistics, which showed third-quarter GDP growth of 1 per cent.
This is the largest quarterly increase since 2007. However, economists point out the figures have been distorted by a number of factors, ranging from the Olympics to the wet weather.
Paul Bell, head of economic development at East Riding Council, said: "The current economic climate is challenging both the public and private sector.
"The council is committed to supporting the local business community through its dedicated business service team and assisting residents to find employment or training through its employment and skills team.
"The council is disappointed to hear about the job loses at Britax in Bridlington, but is working closely with neighbouring authorities, the Humber Local Enterprise Partnership and the wider business community to provide a robust response to help boost the local economy through various initiatives, such as investment for business expansion and major infrastructure schemes."