Tata Steel to shut plant in Wales employing 380 staff
02 September 2019 - 18:53
London — Tata Steel is to shut a plant in Wales but has agreed to safeguard jobs elsewhere, the Indian producer announced on Monday, as it restructures after the collapse of a merger with German industrial conglomerate Thyssenkrupp.
Tata, Britain’s biggest steel operator, said it will close its Orb Electrical Steels in Newport, Wales, that employs 380 staff. It added in a statement that it had been unable to find a buyer for UK-based Wolverhampton Engineering Steels Service Centre, potentially costing a further 26 jobs...
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