UK Steps in to Save 450 jobs at Young's, Means Two Processing Plants Will Stay Open in Grimsby
SEAFOODNEWS.COM [Food Manufacture UK] by Nicholas Robinson - August 15, 2015
Young’s will create more than 200 jobs after securing £1.35M of investment, following a recent announcement to ditch more than 900 jobs when it lost a major contract to supply Sainsbury in June.
The investment came from the UK Regional Growth Fund and would see the creation of 200 jobs at the Findusowned company’s seafood plants in Grimsby. A further 250 jobs will be safeguarded.
Two of Young's three Grimsby fish processing sites would remain open as a result.
The Announcement followed August 13th's news that Nomad Foods would acquire the Findus Group's European businesses for £500M.
However, Young's would remain under the ownership of Findus....
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