Archive for June 29th, 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 [...]
Posted: June 29th, 2006 under Manufacturing News.
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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 [...]
Posted: June 29th, 2006 under Steel Comment.
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