Brussels - Recticel Ltd (UK) is to close its Carobel comfort foam converting factory in North Shields in the north east of England before the end of 2011.
The company said 11 Aug that the restructuring was "in line with group strategy." Some 52 employees out of a total of 521 people employed in Recticel's flexible foam activities in the UK will be made redundant.
Recticel said it is "committed to search together with the employees for the best social support measures."
The total closure costs are estimated at around £200 000 ($324 145).