Closure of the Yate Facility
Billington Holdings Plc will close its Yate facility by the end of 2025, consolidating structural steel operations at its Wombwell and Shafton sites in Barnsley to improve efficiency and reduce overheads. Some Yate employees will transfer to Barnsley, where new staff have been hired and night shifts expanded to compensate for lost capacity. Recent capital investments at the Barnsley facilities have increased output, and machinery transfer from Yate will minimize future capital expenditure. The company will also explore options to maximize the value of the Yate site.
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Billington Holdings Plc (AIM: BILN), one of the UK's leading structural steel and construction safety solutions specialists, announces, further to the announcement on 14 October 2025, that the Company has now completed the evaluation of a number of options regarding the restructuring of its structural steel operations and has concluded that the Group's Yate facility in Bristol will be closed. The Group's structural steel operations will therefore be consolidated at Billington's Wombwell and Shafton sites in Barnsley, local to all other Group operations.
Following the previously announced consultation with the affected employees at Yate, which has now concluded, a proportion of them will be transferred to the Group's Barnsley facilities in early 2026. In addition, new staff have joined the Group at the two Barnsley facilities and a further expansion of night shifts will mitigate the loss of capacity at Yate. The Yate production facility will largely cease operation by the end of 2025 with the technical office, located at Yate, remaining unaffected.
The consolidation at Barnsley will provide the Group with the flexibility to more closely align operational capacity with market demand, together with reducing overheads and delivering significant cost and operational efficiencies. Recent capital investments at the two Barnsley facilities have allowed for an increase in productive output and the transfer of machinery from Yate will reduce the requirement for future capital expenditure. The Company will now also explore options to maximise the value of the Yate site.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.