Archive for January 28th, 2009
Car parts firm confirms job cuts
Engineering group GKN has said it has cut 2,800 jobs globally since October and may have to shed more because of the slump in the global car industry.
The UK firm, which supplies carmakers including Land Rover and Ford, said it had cut 242 UK positions so far.
GKN said all its car part plants were [...]
Posted: January 28th, 2009 under Manufacturing News, Steel.
Comments: 1
Italian firm Marcegaglia named as potential Corus Teeside buyer.
THE future of the steel industry in the North East appears to have been secured with the news that the Corus plant on Teesside is to be sold to a new owner.
The Redcar plant will therefore evade the worst of steelmaker Corus’ decision to potentially axe up to 3,500 jobs across the UK.
However the company [...]
Posted: January 28th, 2009 under Steel, Steel News.
Comments: none