The majority of manufacturing jobs at TVR, the Russian-owned sports car maker, appear to have been saved.
In April TVR bosses announced the closure of the UK plant, with the loss of 260 manufacturing jobs within six months.
Representatives from the Transport and General Workers’ Union (T&G) claim TVR managers have confirmed that the luxury sports car would continue to be manufactured in Blackpool, but at a different site.
“We’re not out of the woods yet, but this looks like positive news after a period of gloom,” said Andy Robertson, T&G regional organiser. “The company will meet with us again a week on Monday.”
Nikolai Smolenski, TVR’s owner and chairman, said the company’s eventual plan was for a brand new state-of-the-art factory for TVR, but the choice of site for that facility was a decision to be made in the future.
“We have introduced a relocation strategy that allows TVR to grow into an international company, and to continue to build on the improved quality using a skilled and committed local workforce,” he said.