More than 560 jobs will go in south Wales after an aluminium factory and a car parts manufacturer said they had been hit by the economic downturn.
Novelis said its aluminium sheet mill in Rogerstone, Newport, will close by the end of April with 440 job losses.
The company said there had been a "significant decline in orders".
Musashi Auto Parts also blamed an orders slump for the planned closure of its plant at Blackwood, Caerphilly, which employs 124 people.
Meanwhile, a pharmaceutical firm says it will create 133 jobs in Tredegar, Blaenau Gwent over the next five years.
Aluminium giant Novelis said a viable plan for keeping open its UK rolling mill had not emerged despite a 90-day consultation with staff.
General manager Oliver Picht said the "goalposts have continued to move" as the workforce "prepared to take far-reaching steps" to adapt to a "significant decline in orders".
He said: "The order book is still dropping and the proposed measures can't address that sufficiently."
For more information about this issue click here: http://news.bbc.co.uk/1/hi/wales/7923226.stm
Novelis said its aluminium sheet mill in Rogerstone, Newport, will close by the end of April with 440 job losses.
The company said there had been a "significant decline in orders".
Musashi Auto Parts also blamed an orders slump for the planned closure of its plant at Blackwood, Caerphilly, which employs 124 people.
Meanwhile, a pharmaceutical firm says it will create 133 jobs in Tredegar, Blaenau Gwent over the next five years.
Aluminium giant Novelis said a viable plan for keeping open its UK rolling mill had not emerged despite a 90-day consultation with staff.
General manager Oliver Picht said the "goalposts have continued to move" as the workforce "prepared to take far-reaching steps" to adapt to a "significant decline in orders".
He said: "The order book is still dropping and the proposed measures can't address that sufficiently."
For more information about this issue click here: http://news.bbc.co.uk/1/hi/wales/7923226.stm
No comments:
Post a Comment