Tuesday, 22 October 2013
Jobs axed as Renold confirms closure of chains factory
Over 200 jobs will go after industrial chain manufacturer Renold confirmed it is closing its plant in Stockport.
In a statement the group said: “A project will now commence to close the majority of the facility with a small configured chain cell to be retained to service local market needs. “The project is expected to complete in the first quarter of the next financial year and further details will be included in the group's interim results statement on November 19.”
Dave Gorton of Unite Union said employees were devastated over the news. He said: “The staff have been working hard to keep the plant open since consultation began. “Many of the employees have been working at the plant for 30 to 40 years, and there are are generations of families who are now losing their jobs.
“This is devastating news for Renold staff. Read more: Manchester Evening News
It truly is devastating news for the staff and it is also another devastating blow to our once thriving manufacturing base. This country has been steadily de-industrialised over the last four decades. With this closure over 200 skilled workers will find themselves on the scrapheap with little prospect for well paid future employment. Their manufacturing know-how and skill will count for nothing in the cheap labour dog eat dog sweatshop economy our successive 'glorious' political leaders have created for us.
Important manufacturing skills and know-how is of vital importance for the future of this nation. Time after time we have witnessed closures such as this and barely a whimper is heard as our workers are condemned to the scrapheap as their jobs are exported overseas. This is the true essence of the evil brought about by unrestrained free market Capitalism. The wealth controllers have no concern for the well-being of loyal workers or strategic national interests, their only concern is personal gain and wealth accumulation - pretty much like your average politician! I will tell you one thing, no wartime enemy action could have ever brought about the level of devastation to our industrial base as uncontrolled free market Capitalism. Tameside Citizen