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21/07/2010
Corus Steeled For Recruitment Drive
In rare good news this week, it has emerged that the huge steel manufacturer, Corus is hiring new staff at its two Speciality Steel factories in Yorkshire.
Some 154 people are to be recruited, barely a year after the Stocksbridge and Rotherham plants faced closure.
The positive news came despite the speciality steel division - which supplies advanced metals to high-end industries such as aerospace and oil and gas - seeing sales plummet by 75% during the worst of the recession.
That collapse in orders, exaggerated by savage de-stocking, dragged Corus's overall sales down by 40%, left the group with monthly losses of over £100m.
Now, although the economic recovery in Corus's major UK and European markets remains fragile, demand is recovering faster in the high-end aerospace and automotive markets, coupled with a greater demand for specialist steel in emerging markets.
And the once-tottering Speciality Steel division needs 133 experienced workers, plus 14 apprentices and seven graduates, to help meet the rising demand.
(BMcC/GK)
Some 154 people are to be recruited, barely a year after the Stocksbridge and Rotherham plants faced closure.
The positive news came despite the speciality steel division - which supplies advanced metals to high-end industries such as aerospace and oil and gas - seeing sales plummet by 75% during the worst of the recession.
That collapse in orders, exaggerated by savage de-stocking, dragged Corus's overall sales down by 40%, left the group with monthly losses of over £100m.
Now, although the economic recovery in Corus's major UK and European markets remains fragile, demand is recovering faster in the high-end aerospace and automotive markets, coupled with a greater demand for specialist steel in emerging markets.
And the once-tottering Speciality Steel division needs 133 experienced workers, plus 14 apprentices and seven graduates, to help meet the rising demand.
(BMcC/GK)
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09 February 2017
Tata Steel To Sell Speciality Business To Liberty House
Unite the union has said it is looking forward to working closely with Liberty House to secure the future of advanced steelmaking in the UK. Tata Steel has signed an agreement to sell its Speciality Steels business to Liberty House Group for £100 million.
Tata Steel To Sell Speciality Business To Liberty House
Unite the union has said it is looking forward to working closely with Liberty House to secure the future of advanced steelmaking in the UK. Tata Steel has signed an agreement to sell its Speciality Steels business to Liberty House Group for £100 million.
26 June 2009
Steelmaker Corus To Axe 2,000 Jobs
More than 2,000 jobs are to go at steel giant Corus which has announced it is to axe the posts at its UK plants following a slump in demand, unions have said. Sources say about 500 jobs in Rotherham are at risk, while 400 will go on Teeside. Corus in Rotherham is also likely to be affected by the cuts, according to reports.
Steelmaker Corus To Axe 2,000 Jobs
More than 2,000 jobs are to go at steel giant Corus which has announced it is to axe the posts at its UK plants following a slump in demand, unions have said. Sources say about 500 jobs in Rotherham are at risk, while 400 will go on Teeside. Corus in Rotherham is also likely to be affected by the cuts, according to reports.
19 February 2010
Corus To Begin Mothballing Redcar Plant
Steel producer Corus, part of the Tata Steel Group, is to begin mothballing its Redcar plant, resulting in the loss of up to 1,600 jobs and possible industrial action. The government has pledged to do all it can to prevent the site from closing down permanently, and Tata Steel is currently looking for a potential buyer.
Corus To Begin Mothballing Redcar Plant
Steel producer Corus, part of the Tata Steel Group, is to begin mothballing its Redcar plant, resulting in the loss of up to 1,600 jobs and possible industrial action. The government has pledged to do all it can to prevent the site from closing down permanently, and Tata Steel is currently looking for a potential buyer.
26 January 2009
Bank Seeks Redundancies As Recession Bites
As shock news emerged today that more that 700 jobs are to be lost at the Ulster Bank across Ireland, there's yet more evidence that the recession is hitting hard with shock redundancies predicted across the UK's steel industry.
Bank Seeks Redundancies As Recession Bites
As shock news emerged today that more that 700 jobs are to be lost at the Ulster Bank across Ireland, there's yet more evidence that the recession is hitting hard with shock redundancies predicted across the UK's steel industry.
25 February 2014
40 New Jobs Announced At SDC Trailers
Mid Ulster MLA Patsy McGlone has welcomed news Toomebridge-based manufacturing firm SDC Trailers has secured a £1.25 million overseas contract, creating 40 new jobs. Mr McGlone, who is chair of the Assembly's DETI committee, said the creation of new jobs by a long established firm was "a good news story".
40 New Jobs Announced At SDC Trailers
Mid Ulster MLA Patsy McGlone has welcomed news Toomebridge-based manufacturing firm SDC Trailers has secured a £1.25 million overseas contract, creating 40 new jobs. Mr McGlone, who is chair of the Assembly's DETI committee, said the creation of new jobs by a long established firm was "a good news story".
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