Axminster Carpets: announcement expected today

PUBLISHED: 11:42 05 March 2013 | UPDATED: 11:42 05 March 2013

Archant

Union officials are on their way to the factory and expect to hear some news this afternoon.

An announcement on a possible rescue package for Axminster Carpets is expected today (Tuesday).

Community Union officials say they expect to hear some news about the company’s future this afternoon.

But any restructuring is unlikely to secure all 400 jobs at Axminster and its spinning and dyeing plant at Buckfastleigh.

A slimmed down Axminster Carpets company is looking the most likely outcome – concentrating on its core up-market pure wool floor coverings which have won it such a worldwide reputation for quality.

See this website for further updates


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