[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Friday, 17 October, 2003, 15:33 GMT 16:33 UK
Packaging firm job threats
DVD generic
The company makes packaging for DVD's and videos
Up to 100 jobs hang in the balance at a Flintshire company just two years after they were tempted to the region by a Welsh assembly grant.

Cosgrove Packaging re-located to north Wales from Manchester in October 2001.

They received £390,000 from ministers on the condition they created 60 local jobs.

However, on Friday receivers were called in.

The company, which is based in Sandycroft, makes packaging cases for videos and DVD's.

Concern

As Cosgrove Packaging met the criteria set out by the assembly, they will be unable to recoup any of the money they awarded them.

A spokesman for Flintshire County Council said they are on standby to assist the company.

Mark Tami, MP for Alyn and Deeside said he has written to the company.

"We're very concerned to hear the reports," he said.

"I've written to the company and the administrators.

"Employment is very buoyant in the region at the moment but we can't rest on our laurels," he added.




SEE ALSO:
Corus announces 200 new jobs
28 Apr 03  |  North East Wales



PRODUCTS AND SERVICES

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia
UK | Business | Entertainment | Science/Nature | Technology | Health
Have Your Say | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes
Americas Africa Europe Middle East South Asia Asia Pacific