Page last updated at 10:14 GMT, Wednesday, 17 March 2010

Sanyo TV factory site in Lowestoft up for sale

Sanyo Industries
At its peak 800 people worked at the TV factory

The Sanyo TV factory site in Suffolk is up for sale for between £3.5m and £5m.

When the Lowestoft factory closed with the loss of 60 jobs in February 2009 the company blamed the economic downturn and "price competitiveness".

Aldreds estate agents said the 20-acre site was ideal for future offshore wind turbine production, but it could also be redeveloped for housing.

Noel Salmon, the vice-president of Sanyo UK, said the proceeds of the sale would go to the workers' pension fund.

At its height, more than 800 people worked at the factory.

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