Precast and flooring operations to close due to 鈥檛ough market conditions鈥�

Tarmac 黑洞社区 Products is to cut its precast and flooring operations with the loss of 550 jobs.

It said 217 jobs would be lost in Tallington, Lincolnshire and 106 in Henlade, Somerset.

The remainder are to go in Derby, Lound in Nottinghamshire and Dolyhir in Powys, Wales.

Tarmac has now started a 90-day consultation period over redundancies.

Tarmac 黑洞社区 Products chief executive Blair Illingworth said: 鈥淭ough underlying market conditions and continuing uncertainly of demand have led us to review the options for the future of our precast and flooring business, and we have taken the difficult decision to consider its closure.

鈥淭his affects five sites across the UK and, unfortunately, means that around 550 people are at risk of redundancy.

鈥淚t is not a decision we have taken lightly and we will begin a 90-day consultation period with employees affected by this.

鈥淲e will also liaise with our customers to discuss how this could impact them.鈥�

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