// BBC BUSINESS NEWS — FINANZA
Greggs to shut four factories and cut 740 jobs
High street bakery brand Greggs has announced plans to shut four of its factories and cut 740 jobs.
It plans to close manufacturing sites at North Lakes near Penrith, Cumbria, Pettigrews in Kelso, Scotland, Seaham in County Durham and Enfield, Greater London, though distribution operations would continue to run from the latter.
The proposals will also impact manufacturing operations at its Treforest site in Wales, but this will also continue as a distribution centre for the business.
The chain, which has headquarters in Newcastle, said its retail shops would not be affected by the proposed changes.
The changes would take place over the next two-and-a-half years, with parts of Greggs' manufacturing processes relocating, the firm said.
The range of products manufactured at its Clydesmill Glasgow and Manchester locations would be reduced and production of tinned bread at Gosforth would be stopped.
Some products would also be sourced from specialist suppliers.
Chief executive Roisin Currie said the company needed to "keep evolving alongside changing customer expectations".
She said: "Greggs manufacturing and logistics network remains a key strength of the business, and these proposals are intended to strengthen our manufacturing network, improve efficiency and ensure we remain well placed for the future while continuing to deliver the quality, value and service our customers expect."
The firm employs 33,000 people in the UK, the majority working in its stores.