The jobs of 161 people are now under threat at Saint-Gobain PAM UK, which manufactures over 300 products for clients in infrastructure, water, utilities and telecommunications sectors.

The company, which has started a period of consultation with staff and the GMB Union, plans to move manufacturing of its access covers and gratings products to its factory in France.

The news comes on the back of Asfordby Hill-based S&J European Haulage giving notice to appoint administrators, making the future of 80 jobs uncertain, and Arla Melton Mowbray Creamery deciding to review the future of their town centre dairy, where 60 people are employed.

« Our business has had to contend with Brexit, Covid and considerable cost increases over the last few years.

This appears to be the major reason for switching the work to France with customers wanting more environmentally-friendly products.

The company said it was aware of the impact closure would have on the Melton Mowbray community.

« Holwell has been an important part of the town since 1881 and we know there are many local people with current and past ties to the plant.

« We will of course act with consideration and respect to all involved as we move through this uncertain time.”

The plant was visited by Mayor of Melton, Councillor Alan Hewson, in May 2022, to acknowledge the important part it has played in the Melton economy since the first furnace was tapped 143 years ago.

There has been a succession of different owners over the years, including British Steel Corporation. Saint-Gobain PAM took it is over in 1985.

The consultation process will continue with staff and unions and with the time it would take to move production to France the Holwell Works plant is expected to stay open until December this year.