A factory in North Wales set to be closed by electrical giant Honeywell has been saved.
Honeywell (Mk Electric) announced in March that their factory in St Asaph would shut at the end of the year.
This would have seen 130 workers made redundant at the site which manufactures a range of cabling, LED lighting and wiring equipment.
But Unite the union has confirmed that Honeywell has agreed a deal with manufacturer Goodfish which protects 47 existing jobs and creates seven new jobs.
Goodfish will buy the entire St Asaph site which protects the PVC moulding and extrusion shops and secured a five year contract with Honeywell for PVC products.
Peter Hughes, Unite Wales regional secretary, said: "This is bittersweet news for the Honeywell workforce.
"Of course Unite welcomes the fact that a significant portion of our members facing redundancy will retain their jobs, the majority however are still facing an uncertain future with their employment ending at the end of January 2020.
"Unite will now enter into a TUPE consultation to secure our members terms and conditions including enhanced redundancy pay.
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"We will also meet with Goodfish management to discuss their short and medium term plans for the site.
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"What this does achieve is the maintenance of a manufacturing facility and the retention of decent jobs within St Asaph.
"The deal protects the current skills base and hopefully provides a platform from which the new operation can expand in the future."