US owner of Holywell chemical factory look to close plant putting 64 jobs at risk

AMRI the US based owners of a Holywell chemical factory have said they intend to close the 14 acre site on Mostyn Road putting over 60 jobs at risk.

The company will begin a consultation process with employee’s to consider ways of avoiding redundancies.

The site provides chemical development services and small- and large-scale manufacturing services and was taken over by US company Albany Molecular Research Inc (AMRI) following the acquisition of Excelsyn Ltd in 2010.

William S. Marth, president and chief executive officer, AMRI.

“The original strategy for the Holywell site has been to act as a conduit between Europe and the United States. However, the site has not been able to do this in a way that maximises value for our customers and shareholders and is not aligned to the new strategic direction of the company,”

Image: AMRI/YouTube