New Glencraft business plan approved

24/07/08

The following joint statement details major progress in the effort to secure a sustainable future for Glencraft:

"Yesterday, Glencraft’s Board of Governors approved a new business plan that will transform the business into a sustainable social enterprise. This exciting new era will see the business move to modern premises and partner with other social enterprises to establish a major city resource supporting employment and training for the blind, disabled and disadvantaged.

"The Governors thank the working group that included, PriceWaterhouseCoopers, the Social Resources Trust, the Scottish Government and Aberdeen City Council for bringing forward these proposals.

"The proposed solution has been made possible by the support of Prudential Assurance and the City Council’s long-running efforts to find a viable solution for Glencraft.

"Work continues to resolve some key issues but hopefully Glencraft and their workforce are at last emerging from a very difficult period in their long history of providing both meaningful employment and quality products.

"This good news coincides with Glencraft recently receiving one of its largest orders for over 1200 mattresses from a nationwide accommodation provider."

If you have any queries regarding this, or any other news story, please contact Aberdeen City Council on: 01224 522000.