Under threat Newport bakery saved from closure
Avana Bakeries in Newport, which was facing closure, has been bought by Food Utopia Ltd. Up to 650 jobs were at threat at the site after it lost a big contract earlier this year.
Jobs at risk as Newport bakery announces closure
A Newport bakery which employs 650 workers will close.
Avana Bakeries first announced that jobs were at risk in February, after the loss of a major cake contract.
Company bosses said their priorities is to minimise the number of redundancies by looking to redeploy staff to other areas.
In a statement, the company said: "We will now work with all our colleagues and our customers to implement a phased closure, which we anticipate will end by summer."
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