11/12/2015

600 Jobs Secured At Caparo

Unite the union has welcomed the further sale of businesses from the Caparo Industries Group to the Gupta family which secures over 600 jobs, based mainly in the West Midlands.

The latest sales to the Gupta family mean that more than 1,000 jobs have been retained since the steel group called in administrators PwC.

Unite national officer Harish Patel said: "This is further welcome news. The Caparo workforce is world class and it's good to see that the new owners recognise that retaining and investing skills is crucial to the business' success.

"Over the coming days and weeks we will be seeking assurances on investment and training which is crucial to sustaining skilled well paid jobs in our manufacturing sector. We will also be working closely with the new owners to ensure jobs are secured in the UK for the long term.

"While the recent sales are good news for the majority of workers at Caparo, we shouldn't forget those whose futures are still uncertain. Unite will continue to support our members and work closely with the administrators to secure as many jobs as possible."

(CD/JP)

Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.

17 November 2015
UK Steel Communities To Take Part In Sheffield Rally
Hundreds of steelworkers and their families from steel communities across the UK will be travelling to Sheffield on Saturday, 21 November, for a national 'Save our Steel' rally.
10 December 2012
IT Firm Creates 100 New Jobs
Minister for Jobs, Enterprise and Innovation, Richard Bruton, TD, today announced that Mandiant, a specialist provider of IT security solutions is to establish an engineering and security operations centre in Dublin with the creation of 100 new jobs.
06 May 2009
Offshore Company Axes Jobs
Around 150 jobs in Aberdeen and Dundee have been axed after an offshore services company ceased trading. Oceanteam Power and Umbilical has been forced to close when the firm's holding company withdrew its financial support. Staff are based in Aberdeen, at workshops in Dundee and offshore.
30 September 2013
Over 1,300 Jobs Announced In Ireland Last Week
Fine Gael Dublin South Central Deputy, Catherine Byrne, has said the fact that more than 1,300 jobs were announced in the last week is a strong signal that confidence in the Irish economy is growing and that the policies being adopted by Government are the right ones.
12 November 2015
220 Jobs To Be Axed At Potash Mine In Boulby
220 jobs are to be axed at the potash mine in Boulby, near Middlesbrough, Unite the union which has about 800 members at the UK's deepest mine, said this was more disastrous news for the regional economy, following hard on the heels of the announcement by SSI Redcar that it was to axe about 2,200 jobs at Redcar.