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09/02/2017
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.
The business employs 1,700 workers, making products for the aerospace, automotive and oil and gas industries, and has several sites in South Yorkshire.
Unite national officer Tony Brady said: "This is a welcome step which will begin to provide a degree of stability for our members in the speciality steels business.
"The workforce makes some of the most advanced steel in the world and has worked hard to secure the business's future. Unite is looking forward to working with Liberty to gain a greater understanding of its plans for the future of the business and ensure that it continues to go from strength to strength."
(CD/JP)
Tata Steel has signed an agreement to sell its Speciality Steels business to Liberty House Group for £100 million.
The business employs 1,700 workers, making products for the aerospace, automotive and oil and gas industries, and has several sites in South Yorkshire.
Unite national officer Tony Brady said: "This is a welcome step which will begin to provide a degree of stability for our members in the speciality steels business.
"The workforce makes some of the most advanced steel in the world and has worked hard to secure the business's future. Unite is looking forward to working with Liberty to gain a greater understanding of its plans for the future of the business and ensure that it continues to go from strength to strength."
(CD/JP)
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