{Advertisements}

{Advertisements}

Author Topic: £320m Thai deal saves UK steel jobs  (Read 7452 times)

0 Members and 1 Guest are viewing this topic.

Offline Admin

  • Administrator
  • Gifte​d Poster
  • *
  • Posts: 5587
  • Gender: Female
  • Admin
    • www.buriramexpats.com
£320m Thai deal saves UK steel jobs
« on: August 29, 2010, 04:04:44 PM »
£320m Thai deal saves UK steel jobs 
: 28 Aug 2010
£320m Thai deal saves steel jobs

www.mirror.co.uk
By Stephen White 28/08/2010


A lifeline was thrown to Britain's steel industry yesterday as the Corus plant on Teesside was bought by a Thai firm for £320million.

More than 1,000 workers lost their jobs there earlier this year when its major customer walked away and closure threatened thousands more in the region.

It is hoped the deal with SSI, Thailand's biggest steel producer, will create a "significant" number of new jobs at the plant, where 700 workers remain following its mothballing.

Ssi said: "We have great respect for steel-making on Teesside and for the highly skilled workforce." Tom Blenkinsop, Labour MP for Middlesbrough South and East Cleveland, said: "This deal should safeguard all or most of the jobs on site as well as those companies in the local supply chain."

Corus is taking legal action against the four-nation consortium that pulled out of the contract last year.

Read more: http://www.mirror.co.uk/news/top-stories/2010/08/28/320m-thai-deal-saves-steel-jobs-115875-22519992

 

Search Option


Advanced Search
Recent Posts
Re: New Passport Photo by Rossco
November 08, 2024, 06:29:21 PM

Re: New Passport Photo by Gerry
November 07, 2024, 04:28:31 PM

New Passport Photo by Rossco
November 04, 2024, 10:08:09 AM

Re: Parking @ Chong Chom Border Crossing by andy
October 16, 2024, 05:16:23 PM

Re: Condo for sale by DeputyDavid
October 16, 2024, 04:21:33 PM

Sander 3 door fridge for sale by DeputyDavid
October 15, 2024, 12:32:29 PM

Re: Parking @ Chong Chom Border Crossing by Gerry
October 07, 2024, 05:09:11 PM

Parking @ Chong Chom Border Crossing by andy
October 06, 2024, 06:50:48 PM

Re: information on how to get a child a Thai ID card by Gerry
August 29, 2024, 02:33:22 PM

information on how to get a child a Thai ID card by Murtle_71
August 29, 2024, 07:11:47 AM

Todays Birthdays
Powered by EzPortal