LONDON: Tata Steel is to shut a plant in Wales but has agreed to safeguard jobs elsewhere, the Indian giant announced Monday (Sep 2), as it ...
LONDON: Tata Steel is to shut a plant in Wales but has agreed to safeguard jobs elsewhere, the Indian giant announced Monday , as it restructures amid the collapse of a mega-merger.
However, it has agreed to sell Canada-based Cogent Power Inc to Japanese group JFE Shoji Trade Corporation, protecting 300 positions."We have been able to secure the future for almost 400 colleagues in CPI and Surahammars Bruks," said Henrik Adam, CEO of Tata Steel's European operations."However, today's proposal will be sad news for colleagues at Orb in South Wales.
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