Logistics firm TDG could axe up to 87 jobs in Wilton on Teesside as a consequence of a series of lost contracts.
The firm has entered a 30-day consultation with 87 of its 115 employees at its chemical storage and distribution centre in Wilton. Of the proposed redundancies, 45 are in distribution, 31 in warehousing, eight in the workshop and three are office-based.
Chemical businesses in the area that TDG was working for, including
Dow Chemical Company and Croda International have announced they are pulling operations out of the area.
Jim Currie, sector operations director at TDG, says: "We are faced with no choice but to make these redundancies. It was not something we took lightly. Our workforce is very important to us, but we were forced to do it to ensure the site's survival and to protect the jobs of the remaining staff."
Earlier in the year, the group blamed the economic downturn for a number of driver redundancies at the Kimberly-Clark tissue mill at Barrow-in-Furness, Cumbria.
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