Sixty people could lose their jobs at a wind turbine factory after it announced it was closing due to irregular orders.
Cambrian Caledonian took the factory over in April last year
Cambrian Caledonian at Llandygai near Bangor, which makes steel towers to support the turbines, will stop production next month.
All of its staff have been offered jobs at the company's other plant on the Isle of Lewis in the Outer Hebrides.
Managing director Phil Smith said unsteady demand in the industry has made it difficult to sustain business.
He blamed slow processing of planning applications for wind farms and described the decision to close as "regrettable".
However, Mr Smith said Cambrian Caledonian's production in Scotland had not been affected because it was able to handle bigger, offshore equipment.
The Gwynedd plant began life as Cambrian Engineering, which was started up in the 1970s as a steel producer.
In 1997, it changed direction and started manufacturing steel towers for the growing wind farm market.
By 2004, almost all of its production was in wind towers, which were sold across Europe and in the United States.
In April last year, the firm went into administration and Cambrian Caledonian stepped in, buying its assets and taking it over.