Job loss fear for two Stamford companies
About 140 jobs are under threat in Lincolnshire after two firms announced they were considering cutting posts.
Cummins Generator Technologies in Stamford said it needed to shed 95 posts due to an unexpected downturn in orders.
Animal feed manufacturer Alltech UK, which has sites in Stamford and Bourne, said it had started a consultation with 43 employees.
Both companies said the figures would be confirmed by the end of the year.
Cummins' plant manager Gareth Hopkinson said the job losses were linked to short-term problems.
"We have been in Stamford for more than 100 years and we want to be here for 100 more.
"We are having to balance our short-term economics and we are still focused on the long-term vision.
"We are committed to manufacturing in Stamford," he said.
A 30-day consultation has begun at Cummins and staff are being offered voluntary redundancy.
Alltech UK said it needed to move production abroad to be closer to its raw production site in Belgium. The company has 90 staff across its two sites.
Tim Lee, president of the Stamford Chamber of Trade and Commerce, said the announcements were sad news for the town.
"There are few other engineering jobs in Stamford... and people will have to look elsewhere if they want to stay in engineering."