In a statement today, Tony Lord, chairman of Flint Group’s trade publishing web division, announced the potential closure of its newspaper ink plant in Old Heath Road, Wolverhampton, later this summer, with up to to 63 affected employees. Mr Lord said: “It is with deep regret that we make this announcement, possibly ending the long-standing manufacture of newspaper ink at the Wolverhampton plant. This is entirely due to the accelerating move towards online news content in the UK and elsewhere. , which has resulted in a significant reduction in newspaper circulation and demand for newspaper printing ink to such a level, that it is currently no longer considered viable to maintain a UK facility. Mr Lord continued ‘the Wolverhampton facility has an exemplary workforce and as such all possible avenues will be explored to try and retain the bespoke newspaper ink manufacturing site to supply the market. British newspapers, but unfortunately we have to acknowledge the collapse in demand for newspaper ink, with no realistic prospect of this changing in the foreseeable future, so we have no alternative but to consider discontinuing the manufacturing in the UK later this summer.
Flint CPS Inks UK Limited is now entering a formal consultation process with its employees and their representatives to explore alternatives to site closures, redundancies or ways to mitigate the impact of redundancies while ensuring that this situation very difficult to be managed with the least possible disruption to the hired workforce.