Northern Foods to close Swansea factory
"Mutually agreeable terms could not be reached and as a result, we have reluctantly decided to terminate the existing supply business," said Leeds-based Northern Foods, which also makes Goodfella's pizza and Fox's biscuits.
"Accordingly, we will be commencing consultation with employees on a proposal to close the site."
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Hide AdNorthern Foods said its 2009-10 results would include a non-cash exceptional impairment charge of about 16m as a result of the decision.
It bought the factory in 2007 but said recent negotiations could not secure a viable return.