Seafood produced by Young's Seafood. (Photo: Young's Seafood)

Young’s Seafood announces M&S partnership and Annan´s factory closure

UNITED KINGDOM
Wednesday, April 04, 2018, 02:00 (GMT + 9)

Young’s Seafood Limited informed it has signed three significant contracts with M&S through which it will supply the retail store with chilled and frozen coated fish, natural salmon and white fish from 2018 to 2023.

The supplier also announced it has taken the decision to exit Deli and Meals production from its Pinneys site in Annan, arguing this production is no longer financially sustainable.

Following a review of its UK operations, the Company proposes to move the remaining natural salmon production undertaken at the Pinneys site to Young’s existing natural salmon facility at its Humberstone Road site in Grimsby.

This proposal continues the Company’s ‘One Young’s’ strategy in seeking to focus investments on centres of excellence to ensure Young’s is best positioned for future growth in the context of exceptionally challenging market conditions.

Young’s Seafood will now commence a formal consultation with staff and their representatives at its Young’s Pinneys site as soon as practicable following the election of employee representatives to discuss and consider options.

The proposed site closure would potentially result in the loss of 450 roles from the Young’s Pinneys site before the end of 2018.

Meanwhile, the company announced it will need to recruit 200 new roles in Grimsby, in addition to recruiting up to 50 roles at its Scampi factory in Annan to support growth.

If these proposals go ahead, employees at Young’s Pinneys will be provided with information regarding these new roles and will be given preference over new recruitment.

“Today’s proposals to close our Young’s Pinneys site does not reflect on the committed and skilled teams at Young’s Pinneys – they are a credit to our Company and if these proposals do go ahead we will work hard to maintain the employment of all colleagues throughout this transition. We have a long history of seafood production in Annan and whatever the outcome of the consultation we will continue to be a part of the community, given our other factory site within the town,” pointed out Bill Showalter, Young’s Seafood CEO.

 
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