Bosses at Crown Closure remain tight-lipped over future of Hamworthy site after closure fears

UNCERTAIN FUTURE: Crown Closures

OPPORTUNITIES: Poole Chamber of Trade president Roger Williams

First published in News
Last updated
by

THE bosses of a Poole company have refused to confirm or deny if the factory will close next year.

Crown Closures in Lake Road, a manufacturer of bottle tops and food packaging, could be shut down by June 2016, according to a member of the public, after the business first opened in 1939.

A person who said that they were employed by Crown Closures told Daily Echo that staff had been warned that the business will cease on the Poole site by this time next year.

When we put the allegation to the US-based Crown Holdings Inc, who purchased the company in 1996, they refused to confirm or deny whether this was true.

Carol Davis, regional human resources director for the UK and Ireland at Crown Europe, said: “Crown continues to be in consultation with Trade Union representatives and 102 potentially affected employees about the future of the site.

“No final decisions about next steps have been made.”

The company has changed names over the years, after it purchased Metal Tin, and later merged with Carnaud to become CMB Packaging SA, before it was bought out by Crown Holdings Inc eight years ago.

Roger Williams, president of Poole Chamber of Trade and Commerce, said that, if true, while this would be tough for Crown Closure’s employees to hear, the future for business was bright for the town.

He added: “There’s always opportunities for skilled people.

“All isn’t lost and maybe this will give them the chance to re-assess if this is what they want to continue to do.

“Things change and people forget that the business moves fast.

“The downside is that around 102 people who live in the area, may be without a job.

“I doubt whether another company will simply be able to step in and replace the business.

“It’s a shame, but I am sure that there will be opportunities for them in the area if the site closes.”

Comments (16)

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7:47am Tue 24 Jun 14

BIGTONE says...

Roger Williams, president of Poole Chamber of Trade and Commerce added....“There’
s always opportunities for skilled people......

What?.....making bottle tops and food packaging?
Yes,this type of company and skill set are abundant in this part of the world!
Roger Williams, president of Poole Chamber of Trade and Commerce added....“There’ s always opportunities for skilled people...... What?.....making bottle tops and food packaging? Yes,this type of company and skill set are abundant in this part of the world! BIGTONE
  • Score: 16

8:03am Tue 24 Jun 14

Tripod says...

Bad show Echo!
Spreading unsubstantiated rumors, is this what the Echo calls news!
Bad show Echo! Spreading unsubstantiated rumors, is this what the Echo calls news! Tripod
  • Score: -2

8:19am Tue 24 Jun 14

yet_another_one says...

Is this another fine example of our supposed economic recovery ?
Jobs involving the manufacture of bottle tops & food packaging surely is much better than jobs created by the many supermarkets or even so called zero hour contracts.
The EU declared the south west as a deprived area several years ago & was offering business grants, not loans, to those who qualified for the Improve Your Resource Efficiency (IYRE) scheme. This was discontinued shortly after our current government was elected & one cannot ignore the part they played in favour of the totally inept "green deal" scheme.
C'mon Messrs Cameron & Osborne - how much longer can you keep telling us so many untruths.
Is this another fine example of our supposed economic recovery ? Jobs involving the manufacture of bottle tops & food packaging surely is much better than jobs created by the many supermarkets or even so called zero hour contracts. The EU declared the south west as a deprived area several years ago & was offering business grants, not loans, to those who qualified for the Improve Your Resource Efficiency (IYRE) scheme. This was discontinued shortly after our current government was elected & one cannot ignore the part they played in favour of the totally inept "green deal" scheme. C'mon Messrs Cameron & Osborne - how much longer can you keep telling us so many untruths. yet_another_one
  • Score: 19

8:29am Tue 24 Jun 14

yet_another_one says...

Tripod wrote:
Bad show Echo!
Spreading unsubstantiated rumors, is this what the Echo calls news!
Well known James Goldsmith quotation - you're already too late if you hear music from the bandwagon.
OK, many connotations but amazing how things can kick you up the rear if one buries their head in the sand.
[quote][p][bold]Tripod[/bold] wrote: Bad show Echo! Spreading unsubstantiated rumors, is this what the Echo calls news![/p][/quote]Well known James Goldsmith quotation - you're already too late if you hear music from the bandwagon. OK, many connotations but amazing how things can kick you up the rear if one buries their head in the sand. yet_another_one
  • Score: 8

10:30am Tue 24 Jun 14

BmthNewshound says...

Another misleading headline - the company isn't remaining tight-lipped over the future of the Poole factory. Your own article states that the company is in consultation with the unions and those potentially affected and that no final decision has yet been taken.
.
In my opinion the company are doing things pretty much by the book - consulting staff before consulting the press.
Another misleading headline - the company isn't remaining tight-lipped over the future of the Poole factory. Your own article states that the company is in consultation with the unions and those potentially affected and that no final decision has yet been taken. . In my opinion the company are doing things pretty much by the book - consulting staff before consulting the press. BmthNewshound
  • Score: 13

11:12am Tue 24 Jun 14

Phixer says...

yet_another_one wrote:
Is this another fine example of our supposed economic recovery ?
Jobs involving the manufacture of bottle tops & food packaging surely is much better than jobs created by the many supermarkets or even so called zero hour contracts.
The EU declared the south west as a deprived area several years ago & was offering business grants, not loans, to those who qualified for the Improve Your Resource Efficiency (IYRE) scheme. This was discontinued shortly after our current government was elected & one cannot ignore the part they played in favour of the totally inept "green deal" scheme.
C'mon Messrs Cameron & Osborne - how much longer can you keep telling us so many untruths.
How many local jobs have you created?

Thought not. It is the private sector which creates meaningful jobs, not governments.
[quote][p][bold]yet_another_one[/bold] wrote: Is this another fine example of our supposed economic recovery ? Jobs involving the manufacture of bottle tops & food packaging surely is much better than jobs created by the many supermarkets or even so called zero hour contracts. The EU declared the south west as a deprived area several years ago & was offering business grants, not loans, to those who qualified for the Improve Your Resource Efficiency (IYRE) scheme. This was discontinued shortly after our current government was elected & one cannot ignore the part they played in favour of the totally inept "green deal" scheme. C'mon Messrs Cameron & Osborne - how much longer can you keep telling us so many untruths.[/p][/quote]How many local jobs have you created? Thought not. It is the private sector which creates meaningful jobs, not governments. Phixer
  • Score: 3

2:19pm Tue 24 Jun 14

supreme_gentlemen says...

BIGTONE wrote:
Roger Williams, president of Poole Chamber of Trade and Commerce added....“There’

s always opportunities for skilled people......

What?.....making bottle tops and food packaging?
Yes,this type of company and skill set are abundant in this part of the world!
Skilled people being engineers, electrical engineers and many specialized roles that happen to run the MACHINES that make bottle tops and food packaging.
[quote][p][bold]BIGTONE[/bold] wrote: Roger Williams, president of Poole Chamber of Trade and Commerce added....“There’ s always opportunities for skilled people...... What?.....making bottle tops and food packaging? Yes,this type of company and skill set are abundant in this part of the world![/p][/quote]Skilled people being engineers, electrical engineers and many specialized roles that happen to run the MACHINES that make bottle tops and food packaging. supreme_gentlemen
  • Score: 7

3:20pm Tue 24 Jun 14

coster says...

We always hear the call for money to go to the north of england ,but where are the development proposals for the South West.
We always hear the call for money to go to the north of england ,but where are the development proposals for the South West. coster
  • Score: 5

4:47pm Tue 24 Jun 14

yet_another_one says...

Phixer wrote:
yet_another_one wrote:
Is this another fine example of our supposed economic recovery ?
Jobs involving the manufacture of bottle tops & food packaging surely is much better than jobs created by the many supermarkets or even so called zero hour contracts.
The EU declared the south west as a deprived area several years ago & was offering business grants, not loans, to those who qualified for the Improve Your Resource Efficiency (IYRE) scheme. This was discontinued shortly after our current government was elected & one cannot ignore the part they played in favour of the totally inept "green deal" scheme.
C'mon Messrs Cameron & Osborne - how much longer can you keep telling us so many untruths.
How many local jobs have you created?

Thought not. It is the private sector which creates meaningful jobs, not governments.
My business is in the private sector & to answer your question, which I couldn't help but notice you jumped the gun & answered your own question rather quickly & got it wrong, we have created quite a few worthwhile engineering jobs both locally & throughout the UK.
I have also fired a few people when it became obvious they didn't want to work for their living, expecting their wages to be paid into the bank every month.
[quote][p][bold]Phixer[/bold] wrote: [quote][p][bold]yet_another_one[/bold] wrote: Is this another fine example of our supposed economic recovery ? Jobs involving the manufacture of bottle tops & food packaging surely is much better than jobs created by the many supermarkets or even so called zero hour contracts. The EU declared the south west as a deprived area several years ago & was offering business grants, not loans, to those who qualified for the Improve Your Resource Efficiency (IYRE) scheme. This was discontinued shortly after our current government was elected & one cannot ignore the part they played in favour of the totally inept "green deal" scheme. C'mon Messrs Cameron & Osborne - how much longer can you keep telling us so many untruths.[/p][/quote]How many local jobs have you created? Thought not. It is the private sector which creates meaningful jobs, not governments.[/p][/quote]My business is in the private sector & to answer your question, which I couldn't help but notice you jumped the gun & answered your own question rather quickly & got it wrong, we have created quite a few worthwhile engineering jobs both locally & throughout the UK. I have also fired a few people when it became obvious they didn't want to work for their living, expecting their wages to be paid into the bank every month. yet_another_one
  • Score: 6

5:48pm Tue 24 Jun 14

paul.p says...

It will close. There will be flats and houses built.
It will close. There will be flats and houses built. paul.p
  • Score: 2

7:59pm Tue 24 Jun 14

yet_another_one says...

coster wrote:
We always hear the call for money to go to the north of england ,but where are the development proposals for the South West.
50% EU Grants were available to businesses in the south west (Cornwall, Devon, Dorset, Gloucestershire, Somerset & Wiltshire) towards reducing their carbon footprint by utilising energy efficient improvements.
Sadly, the cash flow of most businesses could not sustain their required 50% investment for some of the equipment so quite a few were not successful in being awarded these grants, solar pv was excluded because of feed in tariffs(FIT).
Hope that answers your question.
[quote][p][bold]coster[/bold] wrote: We always hear the call for money to go to the north of england ,but where are the development proposals for the South West.[/p][/quote]50% EU Grants were available to businesses in the south west (Cornwall, Devon, Dorset, Gloucestershire, Somerset & Wiltshire) towards reducing their carbon footprint by utilising energy efficient improvements. Sadly, the cash flow of most businesses could not sustain their required 50% investment for some of the equipment so quite a few were not successful in being awarded these grants, solar pv was excluded because of feed in tariffs(FIT). Hope that answers your question. yet_another_one
  • Score: 1

8:02pm Tue 24 Jun 14

yet_another_one says...

paul.p wrote:
It will close. There will be flats and houses built.
Agree, but where is employment to be able to afford living in these properties.
[quote][p][bold]paul.p[/bold] wrote: It will close. There will be flats and houses built.[/p][/quote]Agree, but where is employment to be able to afford living in these properties. yet_another_one
  • Score: 4

8:18pm Tue 24 Jun 14

MJD says...

Unfortunately the company needs to diversify like Wallis Tin did. Making plane components, Refrigerators and car panels. Another point is the company made no comment about it being sound or closing. Easy answer its closing down.
Unfortunately the company needs to diversify like Wallis Tin did. Making plane components, Refrigerators and car panels. Another point is the company made no comment about it being sound or closing. Easy answer its closing down. MJD
  • Score: 3

10:42pm Tue 24 Jun 14

Yankee1 says...

BmthNewshound wrote:
Another misleading headline - the company isn't remaining tight-lipped over the future of the Poole factory. Your own article states that the company is in consultation with the unions and those potentially affected and that no final decision has yet been taken.
.
In my opinion the company are doing things pretty much by the book - consulting staff before consulting the press.
Doing things by the book is generally the most expedient way to strip an asset.

Any costs thus incurred are factored in a 'capital losses' against the capital gains accrued by the business stripping the asset.

This is simple Business/Asset Stripping 101 stuff.
[quote][p][bold]BmthNewshound[/bold] wrote: Another misleading headline - the company isn't remaining tight-lipped over the future of the Poole factory. Your own article states that the company is in consultation with the unions and those potentially affected and that no final decision has yet been taken. . In my opinion the company are doing things pretty much by the book - consulting staff before consulting the press.[/p][/quote]Doing things by the book is generally the most expedient way to strip an asset. Any costs thus incurred are factored in a 'capital losses' against the capital gains accrued by the business stripping the asset. This is simple Business/Asset Stripping 101 stuff. Yankee1
  • Score: 0

8:31am Wed 25 Jun 14

JackJohnson says...

Yankee1 wrote:
BmthNewshound wrote:
Another misleading headline - the company isn't remaining tight-lipped over the future of the Poole factory. Your own article states that the company is in consultation with the unions and those potentially affected and that no final decision has yet been taken.
.
In my opinion the company are doing things pretty much by the book - consulting staff before consulting the press.
Doing things by the book is generally the most expedient way to strip an asset.

Any costs thus incurred are factored in a 'capital losses' against the capital gains accrued by the business stripping the asset.

This is simple Business/Asset Stripping 101 stuff.
An asset? Is it really? Or is it becoming a liability as the need for the product declines?
[quote][p][bold]Yankee1[/bold] wrote: [quote][p][bold]BmthNewshound[/bold] wrote: Another misleading headline - the company isn't remaining tight-lipped over the future of the Poole factory. Your own article states that the company is in consultation with the unions and those potentially affected and that no final decision has yet been taken. . In my opinion the company are doing things pretty much by the book - consulting staff before consulting the press.[/p][/quote]Doing things by the book is generally the most expedient way to strip an asset. Any costs thus incurred are factored in a 'capital losses' against the capital gains accrued by the business stripping the asset. This is simple Business/Asset Stripping 101 stuff.[/p][/quote]An asset? Is it really? Or is it becoming a liability as the need for the product declines? JackJohnson
  • Score: 0

1:38pm Wed 25 Jun 14

RedPete says...

Yankee1 wrote:
BmthNewshound wrote: Another misleading headline - the company isn't remaining tight-lipped over the future of the Poole factory. Your own article states that the company is in consultation with the unions and those potentially affected and that no final decision has yet been taken. . In my opinion the company are doing things pretty much by the book - consulting staff before consulting the press.
Doing things by the book is generally the most expedient way to strip an asset. Any costs thus incurred are factored in a 'capital losses' against the capital gains accrued by the business stripping the asset. This is simple Business/Asset Stripping 101 stuff.
They've sneakily delayed any closure for 18 years since they bought it to disguise their intentions to strip the assets.
[quote][p][bold]Yankee1[/bold] wrote: [quote][p][bold]BmthNewshound[/bold] wrote: Another misleading headline - the company isn't remaining tight-lipped over the future of the Poole factory. Your own article states that the company is in consultation with the unions and those potentially affected and that no final decision has yet been taken. . In my opinion the company are doing things pretty much by the book - consulting staff before consulting the press.[/p][/quote]Doing things by the book is generally the most expedient way to strip an asset. Any costs thus incurred are factored in a 'capital losses' against the capital gains accrued by the business stripping the asset. This is simple Business/Asset Stripping 101 stuff.[/p][/quote]They've sneakily delayed any closure for 18 years since they bought it to disguise their intentions to strip the assets. RedPete
  • Score: 1

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