A Tintagel-based organic chemicals lab is set to close down with the loss of 60 jobs.
While the American owners of Thermo Fisher Scientific insist that no final decision has been taken, it is proposing to relocate its Cornwall operation to its UK HQ in Loughborough.
It is reported that the plant, formerly known as Maybridge Lab, will close within the next six months and but workers will be given the option to move to the Midlands.
In a statement the company said: “We will carefully consider all available options before moving forward with the transfer of our Tintagel operations.
“In the meantime, we appreciate the continued commitment of our employees to serving our customers’ needs.”