Meccano: Last factory in Europe producing iconic children's construction toys to close

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 67%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The plant in Calais, France, will close by the first quarter of 2024, leaving 50 workers unemployed, after parent company Spin Master blamed 'difficult market conditions' and the 'soaring cost of raw materials and energy'.

The plant in Calais, France, will close by the first quarter of 2024, leaving 50 workers unemployed, after parent company Spin Master blamed"difficult market conditions" and the"soaring cost of raw materials and energy".Why you can trust Sky News

The plant, in Calais, France, will shut down by the first quarter of next year, leaving its 50 workers unemployed, according to French reports. In a statement to French channel BFM TV, the Canadian company said:"After having studied all the possible alternatives, the management now has no other choice but to consider stopping the industrial activities of the Calais plant by the first quarter of 2024."

However, the cash was"unfortunately not enough to remedy the situation in the long term", the statement added."Meccano is the story of Calais. We must do everything to maintain activity on the site," he tweeted.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Meccano and Lego can never be replaced by mindless computer games.

Bairns went digital 10 yrs ago, now they can play Roblox

A sad day for kids toys.

I didn't know they were still about

Everyone is in pieces.

Build a new one

Sad news in a way, but Meccano care less 😏

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Europe and Asia stocks fall further after Wall Street sell-off\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. , prices go up! Oh great, so it looks like a win-win for everyone!
Source: FT - 🏆 113. / 51 Read more »

Europe’s Gas Price Is Now Equivalent To $410 Per Barrel Of Oil | OilPrice.comAccording to zerohedge On an oil-barrel-equivalent basis, US NatGas is trading at around a $40 discount to WTI Crude (the 'cheapest' since 2013)... 1/10 of Europe's gas price in August 2022
Source: OilandEnergy - 🏆 34. / 68 Read more »

Ukraine war: President Biden's words of resolve echo in Europe but worrying developments loomWhile the US president's four-day trip to Poland and Ukraine was wholly successful in the face of Russian aggression, Vladimir Putin shows no indication he is scaling down his Ukraine invasion. We are entering Word War 3 - Why can’t the MSM inform more - as to where to go and what to do? So the fuckers that were against the war in Iraq are now the ones wanting ww3 lol So they blow up a pipeline, so companies can profit by selling us gas and oil at a massive rate making billions more in profit, while also fanning the flames of war, and we're supposed to belive this child sniffing weirdo has our best interests at heart? People need to wake up.
Source: SkyNews - 🏆 35. / 67 Read more »

IEA warns that Europe’s energy war with Russia is not over\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Source: ftenergy - 🏆 47. / 63 Read more »

Dark Skies: Welsh island is first sanctuary in EuropeYnys Enlli, also known as Bardsey Island, officially has one of the best night skies in the world. Was at Arberdaron for the new moon just last weekend, pity it was a cloudy night/morning. Lighthouse can be seen over the water I saw this on bbc world. It looks wonderful.
Source: BBCScienceNews - 🏆 87. / 53 Read more »