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Archive for June, 2006

Car seat factory brings 250 jobs

About 250 jobs are being created with the opening of a factory supplying car seats to motor giant Nissan. Tacle Seating UK Ltd is a joint venture between the US-based Lear Corporation and Japanese company Tachi-S.
The £15m plant at Houghton, near Sunderland, will make 144,000 car seats a year for the [...]

Where now for Severstal?

Readers could be forgiven for confusion over the intentions of Severstal, following Mittal’s increased offer for Arcelor. Reading various reports from around the internet this morning reveals conflicting rumours regarding their next move.
Firstly, the Arcelor shareholders’ still have the opportunity to reverse the board’s recommendations on the Mittal deal, although that is unlikely, as the [...]

Waiting game for 50 staff at TRW

UNCERTAINTY still hangs over the future of 50 jobs at a car parts manufacturer after it announced plans to move a production line to Eastern Europe.
TRW Automotive’s Peterlee factory, in east Durham, confirmed in April it had begun a consultation process with 50 workers over plans to move its seatbelt production line for major customer [...]

Job cuts loom in Sheffield factory closure

Betafence is closing its original Sheffield Road factory at Tinsley - blaming cheap competition from abroad for the redundancies. The company, which used to be known as Tinsley Wire, employs just over 400 people at its Sheffield Road and Shepcote Lane works and has had operations on the prominent Sheffield Road site, next to Meadowhall [...]

Takeover “fever” in the Steel Industry

Takeover speculation in the steel industry is rife following the Mittal/Arcelor merger. Corus shares rose on the back of rumours that Severstal, the rival to Mittal is eyeing the English/Dutch consortium. Some analysts also pointed to ThyssenKrupp as a possible prey, but others said a hostile bid for the German steel group was unlikely because [...]

Safety award for Midland’s Steel plant

Employees at Corus’ Strip Processing Centre at the Steelpark in Wednesfield are celebrating after being presented with a safety award by their boss, chief executive Philippe Varin. The business beat off stiff competition from hundreds of other Corus sites across the world to scoop the annual CEO Award for Health & Safety which was [...]

Steel Strip Resources - Make me smile!

Checking our weblogs today brought a smile to even my craggy northern features. On Friday the 16th of June, we recorded 1,988 page views at our Steelstrip Resources website from 821 unique visitors.
For the webmasters at major gaming/music/sex websites I am sure those figures would “majorly” fail to impress, but to a specialised website like [...]

Good Steel Strip Websites

I have “ranted” in the past about websites that put presentation before content. It is refreshing to find sites that make it easy for the reader to access the content and get the information they require quickly. Many steel manufacturers fill the front end of their sites with “mission statements” and investor information, or marketing [...]

Guy Dolle, first victim of Mittal Arcelor deal?

According to a report by Brian Holmes at the Earth Times Guy Dolle will be leaving the company a soon as a new chief executive has been chosen for the company. When this was announced by chairman Joseph Kinsch at a press conferance on Monday, Dolle left the conferance, refusing to take questions from the [...]

Arcelor board gives go-ahead for Mittal deal

Mittal Steel said last night it had finally won the backing of the directors of rival Arcelor for a merger which will create the world’s largest steelmaker five months after first announcing its interest.Last night, after a day-long board meeting, Arcelor was understood to have agreed to give its blessing to a €26bn (£17.7bn) bid [...]