Danish firm Velux Group said its Fife Joinery Manufacturing facility in Glenrothes, which manufactures energy-efficient roof windows and skylights, would close by the autumn of 2015.
Fresh plans drawn up by the Scandinavian company will see 30 sales and marketing roles created in Glenrothes.
In a statement, Velux Group said: “Under the proposal, by autumn 2015, the manufacturing business, Fife Joinery Manufacturing, would regrettably close and its distribution services relocated within the UK.
“Separately, the neighbouring sales and marketing division will be expanded. Approximately 180 manufacturing and distribution jobs are affected, while 30 sales and marketing roles will be created.
“Following the closure of Fife Joinery Manufacturing, the distribution centre would be moved south to the Midlands to improve distribution efficiencies.
“Simultaneously, the group will strengthen its UK headquarters in Fife by adding an additional 30 roles within the growing sales and marketing division in Glenrothes, reflecting ongoing sales growth within the UK and Ireland.”