EMCC European Monitoring Centre on Change

Quinn Radiators

Company/Organisation:
Quinn Radiators

Geographic Location

Country: United Kingdom
Region: Monmouthshire and Newport; East Wales; Wales
Location of affected unit(s): Newport

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25.21 - Manufacture of central heating radiators and boilers
Number Employed: 300

Employment Effects

Announcement Date: 10-06-2019
Planned Job Reductions min: 280
Planned Job Reductions max: 280
Type of Restructuring: Bankruptcy
Employment Effect Start: 10-06-2019

Additional Information

It has been announced that Quinn Radiators has entered administration with the immediate loss of 280 jobs. The company in Newport, Wales, manufactures domestic radiators and employed a total of 300 staff. Over recent years, the company has faced the problems of rising costs of raw materials and competition from cheaper imports, according to a statement on behalf of the administrators. In 2016, the business received a GBP 3 million loan from the Welsh Government which helped to create 120 jobs. Local and national politicians have expressed sadness at the job losses, with some criticism being made of the way in which the company has handled the announcement.

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