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EDITIONS
Monday, 17 February, 2003, 18:25 GMT
Buyer is found for scaffold factory
Action Makers in Bala
The receivers cannot name the new owner
Workers at a Bala factory who were sacked a fortnight ago have been told the facility has a new owner, but are still waiting to hear how many jobs will be saved.

The name of the new owners at the Action Makers factory in Bala, which laid off 110 staff two weeks ago, has not been revealed.

Action Makers scaffolding
The firm is a major employer in the area

The receivers, Tenon Recovery, confirmed a buyer had been found, but could not name the company because of a strict confidentiality clause in the contract.

As yet, it is unclear whether or not some or all of the jobs will be saved.

The scaffold-making company was one of the area's largest employers.

The firm, which operated from Bala's industrial estate, manufactured and supplied scaffolding, stairs and ladders to Europe and Australia.

Vulnerable

Local MP Elfyn Llwyd and AM Dafydd Elis Thomas were both involved in talks with the owners and the WDA.

The company, which had a turnover of �8m, had been established in the town for about six years.

The problem here is there is nothing in reserve when something like this happens

Dylan Edwards, Gwynedd councillor

The business and assets of the site were being offered for sale by the receivers.

The offer included freehold premises of 3.5 acres, 25,000 square feet of re-fitted factory space and what was descibed as an extensive customer base.

Gwynedd councillor Dylan Edwards said the Bala area was particularly vulnerable to job losses in industry.

"This is one of the largest employers in Bala," he said.

"The problem here is there is nothing in reserve when something like this happens.

"In other Gwynedd towns like Dolgellau, Caernarfon and Bangor, local government and university offices provide alternative employment, but there is nothing here - we need more white collar jobs in Bala," he added.


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