GRH Food Company collapse sees 82 jobs lost
- Published
Eighty-two workers have been made redundant after a Snowdonia cheese factory called in administrators.
Production has been halted at the GRH Food Company site in Minffordd, near Penrhyndeudraeth in Gwynedd.
Administrators KPMG said rising costs had hit the business, and efforts to find a buyer had failed.
Dwyfor Meirionnydd MP Liz Saville Roberts described the announcement on Monday as "heartbreaking" for those affected.
"GRH was an ambitious business that had grown in recent years, but the squeeze of increased costs and liabilities put too much pressure on its finances," said joint administrator Paul Dumbell.
"Despite efforts to market the business for sale, a buyer could not be found, which led to the administration."
KPMG said it was now exploring "all options" for the production facility.
'Saddening'
Established in 1989, the company moved from the Llýn Peninsula last year to new premises on the Snowdonia Business Park.
The family-owned firm supplied cheese products to retail, wholesale and food service industries in the UK and international markets.
Four staff have been kept on while the administration process continues.
"To see this state-of-the-art factory for producing cheese now being brought to an end is very saddening," Ms Saville Roberts said.
"It is obviously heartbreaking for everybody who is affected by it."
The Welsh Government said it provided GRH foods with a £1.7m grant in 2017 to move into a new "state of the art" premises a year later.
Economy Minister Ken Skates said the news was "devastating" for workers and their families.
He added: "Our focus is now on exploring all avenues as we look to secure jobs and support the workforce into alternative local employment where possible.
"We will also be meeting urgently with the administrators to see what more Welsh Government can do for the workforce and wider supply chain."
- Published29 May 2018
- Published16 July 2018