Wilkinson Sword Factory to Close

14 skilled swordmakers will lose their jobs when British institution Wilkinson Sword closes its plant. The renowned crafter of ceremonial swords for British cavalrymen is scheduled to close at the end of September 2005.

Business director Nick Powell said that "all efforts had been made to save the sword factory but the business was 'no longer sustainable. The world market for high-quality swords has been declining. We have survived for as long as we could.'"