Sapa Extrusions: 132 aluminium plant jobs at risk
An aluminium plant in Caerphilly county could close with the loss of 132 jobs.
Sapa Extrusions has begun a consultation with employees at the factory in Bedwas, which has been operating since 1971.
The firm blamed "significant changes" in market conditions in the past few years and said it needed to stay competitive.
Sapa said it would work to provide opportunities for future employment for staff if the plant was to close.
Alan Couturier, managing director of Sapa UK, said: "In light of the change to market conditions, our commitment to continue manufacturing in the UK remains strong.
"We believe that there is a need in the UK for a quality producer that can provide a level of service exceeding current customer expectations.
"Achievement of this goal is paramount in our future strategy.
"We recognise the impact that this announcement will have on our colleagues at Bedwas.
"We very much hope that we can find alternatives to the proposal to close and will put every effort into doing so."
Jeff Woods, Wales officer for the Unite trade union, said the announcement was a "body blow" to the workforce.
He added: "If the jobs were to go at the site this would not only hit those directly involved but harm the local community and Welsh economy.
"Going forward we will be doing all we can to prevent any job losses and the damage this will do locally. We call on all relevant parties to work with us in this aim."