GRP door maker to shut Welsh factory

US company Therma-Tru blames adverse market conditions.
 

23 November 2007 – A US company is set to close the South Wales factory of its UK subsidiary that manufactures glass-reinforced plastic doors.

Therma-Tru has revealed that it has entered into a 90 day consultation period with staff at its plant in Nantgarw, near Cardiff.

A total of 150 staff work at the plant: 85 manufacturing staff and 69 in sales, installation and administration.

The company’s management said that adverse market conditions had necessitated a review of the economic viability of the plant. The plant makes doors for the social housing sector.

A senior Therma-Tru spokesman confirmed the intention to close and added: “While we have made considerable progress with rigorous cost cutting and operational improvements over the past year, the outlook for the long-term viability of the business remains poor. Even with rigorous cost controls, operational improvements, and exiting money-losing channels, the business continues to deliver negative rates of return."

Therma-Tru’s manufacturing process involves bonding fibreglass skins to either side of a composite inner frame. These are then filled with polyurethane foam.

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