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15 April 2011, 13:48 | Updated: 15 April 2011, 13:52
More than 200 people who work at a tarmac factory near Stamford have lost their jobs.
The Tarmac Building Products Ltd factory in Tallington is closing down.
135 workers are leaving today, and 74 others are remaining on until around the end of the year "to fulfill existing contracts".
Blair Illingworth, Chief Executive of Tarmac Building Products Limited said: "Following our announcement in December last year, we have made the tough decision to close most of our precast concrete and precast flooring operations.
Regrettably, this means that Tallington will close to new business from 15 April 2011 with the loss of 209 jobs.
We have explored every option for keeping Tallington open, but market conditions and reduced demand for its particular products mean that it’s not economically viable.
We’ve gone through a thorough consultation process and will continue to do all we can to provide people with support and guidance in finding jobs elsewhere."