TVR have confirm to the TVRCC that, at the invitation of Blackpool Council, it has taken part in discussions with a number of parties who expressed an interest to the Council in starting a new automotive business at the company's Blackpool factory.
Unfortunately none of these plans has come to fruition. As a result, the company will now be concluding discussions with the Transport and General Workers Union on redundancy terms for TVR staff. It is anticipated that these proceedings will be completed by the end of the year.
Managing Director David Oxley said: "We have been in regular contact with Blackpool Council and have been working closely with them on the viability of a number of proposals. We regret to have to confirm that these have now all been withdrawn, so we must finalise our plans to close the factory.
We understand this will be extremely disappointing to the remaining workforce and the town of Blackpool, but we must now find a viable way of securing the future of TVR. We remain convinced that our plans announced in October to outsource all production are the right way to take the company forward. We will announce the detail of our outsourcing plans in the New Year."
The company announced on 18 October that all production was to be outsourced. Formal consultation on redundancy has continued with staff and the Transport & General Workers Union while talks have been held with Blackpool Council and the Northwest Regional Development Agency (NWDA).
Staff were informed on 9 November that the company had no plans to re-start production and as a result 158 people were laid off.