The Leader of Plymouth City Council, Councillor Tudor Evans has welcomed news that Plymouth’s Barden factory has been saved after its parent company. Schaeffler sold the Plymouth plant to HQW Holding (UK) Ltd. The plant in Estover will remain open and continue to manufacture bearings.
He said: “This is a great day and great news that a key Plymouth company is going to stay in the city.
“An enormous amount of work has taken place behind the scenes to get this result and we’d like to say to Schaeffler thank you for listening to us and for working so hard with us to enable the business to be sold – giving the Plymouth plant a lifeline.
“It’s their concern for staff here in Plymouth and the links forged with this city and its strong manufacturing credentials that has turned around a possible closure to a whole new future with HQW.
“We are in touch with HQW and are offering support and guidance to ensure a prosperous future for the company, its staff and the wider manufacturing sector here in Plymouth for many years.
“The Plymouth plant was saved because of the skills of its staff and the high value of manufacturing here in this city – and the importance the council places on it.
“We are now prepared and ready to work with HQW. Bring it on.”