Mr Kipling cake firm Premier Foods has revealed plans to close one of its factories in a move impacting about 300 jobs. The group is proposing to close its Knighton manufacturing site in Staffordshire, which it said was "marginally" loss-making.
It is launching a consultation with the 300 workers at the factory under a process that will run to the middle of 2023. But the site, which largely makes unbranded powdered drinks for the group, is likely to continue operating into 2024 before finally shutting after a phased closure.
The group, which makes a raft of well-known brands such as Oxo cubes and Bisto, has 15 factories across the UK and employs 4,000 people. It said the Knighton factory does not fit in with its "branded growth model strategy and is marginally unprofitable at trading profit".
