EoW January 2008

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EuroWire – January 2008
Jobs go as Carrington
Wire closes Cardiff site
Up to 120 jobs were affected when Carrington Wire closed its
Cardiff site at the end of December.
The company – which accounts for some 30% of the UK’s wire
and wire products market – is blaming competition from
abroad for the decision to close the Cardiff site after 20 years.
UK operations will continue from Leeds.
Part of the Severstal Group, Carrington Wire began the 90-day
consultation period in June and has since been working with
unions and training companies to help workers. Some Cardiff
workers were expected to be offered positions at the Leeds site.
Carrington has customers in more than 50 countries worldwide
in the construction and automotive industries.
“This operational restructuring is necessary for Carrington Wire
Limited to strengthen its presence in increasingly competitive
markets,” said Andrew Parker, chief executive.
“The objective of group corporate strategy is to ensure
sustainable and profitable growth.”
In terms of ensuring a smooth transfer, Mr Parker advised that
“the business is developing customer teams that will oversee
the transfer programme, covering all aspects of the business.
Customers will be fully briefed throughout the programme.
“Their ongoing confidence in us is our utmost priority and I am
confident that customer impact will be minimal.”
Mr Parker expressed his “respect and gratitude for the
professional manner in which the Cardiff colleagues continue to
conduct themselves; their knowledge, commitment and work
ethic continues to provide a benchmark for the group.”
CarringtonWire Ltd – UK
Fax: +44 1422 315100
Email:
Website:
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