'Shock' for paper firm staff amid closure proposal
Summary
DS Smith, an international paper packaging company, has proposed closing its factory in Launceston, Cornwall, which has employed people for nearly 60 years. The company cited difficult market conditions and a review of its UK packaging operations as reasons for the possible closure, while staff and local officials expressed concern about job losses.Key Facts
- DS Smith plans to close its factory in Launceston, a site operating for almost 60 years.
- The proposal comes after the company reviewed its packaging business in the UK due to tough trading conditions.
- Staff reacted with shock and disappointment, worried about losing jobs.
- Local politicians highlighted rising costs for businesses, such as increased national insurance and minimum wage hikes, as challenges.
- The Launceston site was originally opened in 1968 and was bought by US company International Paper in January 2025.
- DS Smith has recently closed other sites across the UK and made job cuts at a Scottish location in 2024.
- A government spokesperson acknowledged the impact on workers and families and offered support.
- The company is currently consulting employees before making a final decision on the closure.
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