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About 130 jobs are likely to disappear with the closure of a plant in Denbighshire.
Honeywell said it has begun discussions with staff about the closure of its St Asaph site, which manufactures plastic ducts and switches under the MK brand.
The work should be transferred to other sites of the company in the UK and abroad, he said.
A union official said the news was "timely".
The American company Honeywell employs 110,000 people worldwide.
The agency's staff is also based at the St Asaph factory, but the total number of workers is not known.
& # 39; Terrible News & # 39;
A statement from the company said: "Honeywell is proposing to transfer all activities from the St Asaph site due to the need to consolidate essential manufacturing processes into a smaller number of sites.
"Unfortunately, we realize that this is about valuable employees and we are committed to open communication throughout the consultation period."
Chris Ruane, MP for Vale of Clwyd, said it was "a terrible news" for the staff.
Peter Hughes, Regional Secretary of the Unite Union in Wales, said Honeywell's decision was "a blow to their exceptional workforce and the economy in North Wales" .
"This decision was made unexpectedly, without prior consultation or discussion with Unite and the staff," he added.
"Honeywell's employees who went to work yesterday thinking that they had a secure job and income for their families, now have their future completely shattered."
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