A home appliances factory in South Gloucestershire is set to close at the end of the year. Beko Europe has confirmed that its Hotpoint UK factory in Yate will close on Tuesday, December 31.
The firm, which produces tumble dryers, said that all affected staff have been informed of the decision. South Gloucestershire Council added that the land will be used for the “benefit of the whole community”.
It was previously reported that the factory had been “operating at a significant loss for some time”. The products it produced have become less popular with the rise of more energy-efficient heat-pump technologies.
A Beko Europe spokesperson said: “The consultation process announced on 5 July has now been completed and Beko Europe has confirmed the closure of the Hotpoint UK Appliances site at Yate, United Kingdom, which will close on 31st December 2024.
“All those affected have been notified. We are continuing to provide support to all of our employees and are grateful for their continued efforts and engagement throughout. We have also notified the site’s MP and local councillors of the news.”
South Gloucestershire Council added: “Looking forward, we want to ensure that however the land is used in the future, is for the benefit of the whole community. We will engage closely with local residents, businesses and other stakeholders to ensure the site plays an important role in the future of the town.”