Proposed Luton factory closure would see almost 300 people lose their jobs

Jul 22, 2023

A full closure is expected by the end of 2024

To stay up to date with all the latest news from across Bedfordshire sign up to our free newsletter for daily updates and all the latest breaking news

We have more newsletters

The proposed closure of a Luton factory, which has been manufacturing in the town for 110 years, would see around 300 people lose their jobs.

SKF announced the proposed closure of the Luton factory, which produces spherical roller bearings. Manufacturing at the site in Luton would be ramped down, with a full closure anticipated by the end of 2024. Production is proposed to be moved to SKF's factory in Poznan, Poland.

Aldo Cedrone, Acting President, Industrial Region Europe Middle East and Africa, said: "Although it is a difficult decision to make, this is an important step in securing our long-term competitiveness on the European markets. To ensure that our spherical roller bearing production stays competitive, investments are needed in new machinery and our evaluation showed Poznan is the optimum site for this investment. Our immediate focus is to support our colleagues in Luton."

READ MORE: Loss of Beds town's bank could have 'a major detrimental effect' on the town

The Luton factory currently employs approximately 300 people. The proposed activities are subject to consultation with employees and union representatives. SKF has expressed it's commitment to engaging with employees and their representatives throughout the consultation process.

Michael Crean, Managing Director for SKF (U.K.) Limited said: "Following the news of this proposal, it is an extremely sad day for the SKF team, after more than 110 years of proud manufacturing by SKF at the Luton site. I would like to express my personal appreciation for the commitment and dedication our employees have shown. They can feel rightly proud of the achievements they have made.

"I want to stress that the UK management team will strive to offer the right level of support to all employees. Looking to the next weeks, we will enter a formal consultation period to hear the views of our employees, their elected representatives and the union and explore any alternatives."

READ MORE:

Top ten places to live in Luton in 2023 named in new survey

1,000 coin collection found in Luton home sells for more than £20,000 at auction

Luton-bound EasyJet flight forced to divert after passengers report 'burning smell'

Residents impressed by transformation of 'disgusting' Luton area into new 'pocket park'

Luton crime: One crime committed for every three people living in Bedfordshire's crime hotspot