Page last updated at 13:44 GMT, Wednesday, 26 May 2010 14:44 UK

Alcoa Howet cuts 200 more turbine jobs in Exeter

Alcoa Howmet, Exeter
This is the fifth round of job cuts at the Exeter plant in the past year

One of Devon's biggest employers is to cut its workforce by about 200 - one of the single biggest lay offs in the county since the economic downturn.

The jobs are going at Alcoa Howmet in Exeter - a foundry which produces turbine blades.

It leaves the company with about 500 employees - less than half the number it had a year ago.

The company said the cuts were necessary because the market for its products had "dried up".

In a series of cuts last year, 251 workers lost their jobs and in January a further 95 staff were made redundant.

Despite the job losses, Alcoa Howmet has insisted the foundry in Exeter remains an important part of its business.

"Exeter operates a very good facility and has an excellent workforce. It is just that the market is soft at the moment," a spokesman told BBC News.

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