Pilkington plant will close

Date: 22 May 2003
Source: Nbr.co.nz

Date: 22 May 2003

As expected, Taita's Pilkington automotive glass plant will close September 30, putting 130 out of work.

The $31 million per year operation was tipped for closure on April 30, but staff and management have been involved in discussions about possible alternatives.Management said continuing competitive pressure from other countries with lower cost structures and the recent appreciation of the New Zealand dollar have made closure inevitable.The 130 Taita Pilkington Automotive plant employees were told Monday and plans are now underway to help all employees find alternative employment.

"The Company is committed to assisting all our employees in finding alternative employment. We will work closely with WINZ and various job search agencies, as well as setting up our own job search bureau dedicated to finding suitable jobs for all our employees," Pilkington Automotive General Manager Timo Rautarinta said.

Ninety per cent of the British-owned plant's output was sold at export.

It’s virtually the end of the automotive industry which powered the Hutt Valley for decades,” said the Engineering, Printing and Manufacturing Union's Wellington regional secretary, Steve Milne when the news was first announced last month.

The Pilkington manufacturing plant in Auckland’s Mt Wellington will not be affected by the closure.
600450 Pilkington plant will close glassonweb.com

See more news about:

Others also read

MORE...

Southwall Technologies Secures New Bank Loan and Equity Financing Agreement Led by Needham & Company
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
Emirates Glass wins major deals
Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Micro-Tek Canada, Inc. and Co-Ventures in Glass Containers, Ltd.
Co-Ventures in Glass Containers (CVIGC, Ltd.) of Tampa, Florida, USA and Micro-Tek Canada, Inc. Of Toronto, Canada are excited to announce the beginning of a long term joint venture to combine their extensive experiences and resources to offer the Glass Container Industry globally a best value alternative for all their outsourcing needs in manufacturing, operations and technical assistance agreements, specifically targeted to the smaller manufacturers who have found the larger service companies to be cost and profit prohibitive.The principals of the two companies have found a global need for smaller glass companies who require excellent technical resources to properly compete within the industry without the high costs of employing their own staffs or outsourcing their requirements to the larger service companies whose own operating costs and overhead are substantial.
Autoglass maker dumps dumping charges
China's largest automobile glass maker Fuyao Glass Industry Group Co, Ltd, won its case against the dumping ruling of the US Department of Commerce (DOC).
History of Glass Wine Bottles
When did the wine industry start using glass bottles, and how did they settle on their current size of 750ml? For the answer to these questions, you have to go back in time - back thousands of years to when wine was first cultivated and enjoyed.
Praxair's Specialty Gases Plant Attains New ISO 9000 Standard
Praxair, Inc. (NYSE: PX) today announced that its subsidiary Praxair Canada Inc.'s specialty gases plant in Paris, Ontario, Canada, is one of Praxair's first specialty gases plants in North America to complete the upgrade to ISO 9001:2000, the latest ISO 9000 standard for quality.

Add new comment