THE historic manufacturer of Accrington Brick is to close with bosses blaming the economic slowdown.

More than 80 workers are set to lose their jobs at the end of October when the Hanson Building Products factory in Whinney Hill Road, between Altham and Accrington, closes.

Hyndburn council leader Peter Britcliffe said he was ‘very sad as the firm was part of the area’s folklore.’ Bosses revealed the ‘completely unprecedented’ economic slowdown had seen production fall by 40 per cent.

Hanson Building Products will shut at the end of next month.

Bosses at the firm, which is a subsidiary of the multi-national Heidelberg Cement group, blamed the credit crunch and the lack of new homes currently being built.

However, there is a glimmer of hope for the future.

The site is being ‘mothballed’ and bosses hope in 18 months or two years it may be possible to re-open if the building trade picks up.

A spokesman for Hanson said: “We have seen our output reduced by 40 per cent in the past six months.

"We have closed three factories this year. We wanted to ride this out but it has not been possible.

“The slump in the business is completely unprecedented.

"We have seen peaks and troughs in the past but now there are fewer new houses being built than at any time since the Second World War.”

The news is a further blow in Hyndburn after the closure of Accrington’s Revenue and Customs office with the loss of 120 jobs, Joseph Metcalf gardening supplies in Oswaldtwistle with the loss of 60 jobs, and the Thomas Cook call centre in Accrington which could see 260 people lose their jobs.

Hyndburn MP Greg Pope said: “I am very upset. It is a really difficult time for them and my office and I will do anything we can to help.”

Council leader Peter Britcliffe said: “This is extremely distressing, not only for the people who work there but also for the area.

"The Nori bricks are associated with Accrington and the area’s folklore.”

Local councillor Clare Pritchard said: “This is a terrible blow.

"There needs to be more pressure from Hyndburn Council to ensure that local firms are supported.”