Thursday, February 25, 2010

Car parts company to cut 165 jobs

A car parts manufacturing firm has announced it will make 165 posts redundant at its plant in Coventry by the end of the year.

Stadco, which has its main office in Shropshire, said it would consult with staff working at the plant in Holbrook Lane, Coventry.

It said no compulsory redundancies were planned before March.

The BBC understands Stadco intends to move its work and equipment to three sites in the West Midlands and Wales.

The company, which has a metal press works in Castle Bromwich and runs an assembly line in Coventry, said it would make all the Coventry-based staff at risk of losing their jobs aware of any vacancies that came up at its other sites.

It also has a plant in Saarlouis in Germany's Saarland and employs about 150 people at a site in Powys, south Wales. Three hundred staff are employed at its main site in Shrewsbury, Shropshire.


DATED; 25.02.10

FEED: GG





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