The joint receivers and managers of Dairy Farmers of Britain are having urgent discussions with an interested party over a rescue bid for the Blaydon site. The dairy site employs 290 staff .
Stephen Oldfield, joint receiver and manager of Dairy Farmers of Britain Ltd, said:
"With a significant number of customers having withdrawn orders, the Blaydon site is operating at much lower volumes but still has a traditional customer base. There has been support from the One North East regional development agency (RDA) and Defra to see if a rescue can be achieved. We will be working over the weekend to see if a deal can be driven over the line by early next week. Nothing is certain but everyone is trying very hard to see a rescue concluded."
