Manning Reductions at Cowley Hill & Greengate Float Glass Manufacturing Sites
The NSG Group has today (2 February) announced its intention to mothball one of its three float lines in the UK.
Manufacturing will cease on the UK6 Float line at the Greengate site and the solar cutting operation at the Cowley Hill site by the end of April 2012. This will result in a reduction of 150 roles across the two sites, both based in St Helens, UK. Management and trade unions will start consultation on how to achieve this reduction.
The Group has experienced a reduction in many of its core markets, including the European building products market. The global market for Solar Energy glass has also worsened significantly during the third quarter. While the longer-term prospects for these markets remain positive, the Group does not expect to see an early recovery within the next financial year.
Local trade unions have been briefed today and a series of employee briefings, planned to cover all employees on both sites, is now underway with local management.