The company has three plants in total, with the other two based in Normanton and Darton, both in Yorkshire. The business and machinery from Stoke will be transferred to these two plants. There will be around 70 positions available at the other two factories for Stoke employees willing to relocate.
The Stoke factorys distance from the other two plants, limited opportunity for expansion and environmental pressures due to a significant amount of housing in the area, all contributed to the decision to close the factory.
Parksides group marketing executive, Chris Elliott, said: Flexible packaging is not what it once was and pressures from the market place have led us to close one site.
Elliott added: One of the reasons for closing Stoke was the location. The other two sites are within a quarter of an hour of each other. The Stoke site was also quite old and expansion was limited.
Parkside has agreed an enhanced redundancy package with the Ceramics and Allied Trade Union (CATU). There will be a 2.5% pay increase and guaranteed employment until 15 August.
The plant will close on 15 September.
Have your say in the Printweek Poll
Related stories
Latest comments
"Following content from the EcoVadis website:
<i>An EcoVadis medal or badge is NOT a certification or an endorsement of a company or its products or services, and it does not indicate that the..."
"Lee De’ath, starting to feel typecast in the insolvency department? Fancy a change in a career? Children's entertainer maybe?"
"Fantastic investment its great to see."
Up next...
Strong organic growth at firm
Onboard Corrugated sold to Eren
Fluorescent pink added
One Digital brightens up printroom with new Iridesse
"An exciting leap forward"
Administrator launched for packaging EPR scheme
First Hunkeler appearances lined up