TIDMBAG
RNS Number : 1375C
Barr(A.G.) PLC
06 November 2009
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IMMEDIATE RELEASE6 November 2009
A.G.BARR p.l.c.
Manufacturing Investment, Supply Chain Restructuring and Site Rationalisation
Proposals
A.G.BARR p.l.c., the soft drinks group, today announces the following
initiatives:
Manufacturing Investment
Following a comprehensive review of future capital requirements and overall site
operating costs, it is proposed to invest GBP8-GBP10 million over the next
twelve months to increase capacity at the Cumbernauld site. This investment
would create operating capacity at the Cumbernauld site that would absorb all
current PET packaged products from the Mansfield factory and allow for forecast
future growth.
Supply Chain Restructuring
As the final step in the integration of the Rubicon business and to allow for
future growth, it is proposed to commence discussions with third party logistics
companies with a view to establishing a third party operated central
distribution hub for the south of the country. This proposal would mean ceasing
our current inhouse storage and distribution operations at the Mansfield site
and the exit from existing Rubicon third party logistics operations.
Mansfield Site Closure Proposal
The Company has today entered into a consultation process with employees with a
view to closing the Mansfield site in early 2011 and the commencement of
outsourced logistics activity during the course of 2010.
There are currently 98 employees employed across production and logistics at the
Mansfield site and in addition a small number of further employees will be
impacted by these proposals.
Further information on the financial impact of the proposed changes will be
given at the conclusion of the consultation process.
For further information, please contact:
A.G.BarrTel: 01236 852400Buchanan Communications Tel: 020 7466 5000
Roger White, Chief Executive Tim Thompson / Nicola Cronk
Alex Short, Finance Director
This information is provided by RNS
The company news service from the London Stock Exchange
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