NSK Plans to Close Peterlee Factories Putting 400 Jobs at Risk

Major car parts maker plans to close 2 UK factories with 350 jobs at risk

The plans form part of ongoing restructuring across European operations, according to the business.

Struggling major car firm to shut huge UK factory with hundreds of jobs at risk

A MAJOR car firm is set to shut down factories in the UK - putting hundreds of jobs at risk. NSK, which has supplied to manufacturers like...

NSK plans to shut UK factories - placing hundreds of jobs at risk

NSK, which has supplied bearings to automotive producers in the UK including Nissan's Sunderland plant, says the Peterlee site has become unprofitable.

NSK plans to shut UK factory putting over 300 jobs at risk

The Japanese industrial giant NSK has announced plans to close its County Durham manufacturing facility, threatening around 350 jobs in a major blow to North East employment.The Peterlee plant faces closure as the company looks to withdraw from loss-making operations.The automotive components manufacturer confirmed it has begun formal consultations with trade union officials about the proposed shutdown.The facility specialises in producing beari…

NSK plans to close Peterlee factories putting 400 jobs at risk

The company makes bearings for the automotive sector but plans to close its County Durham factories.

NSK Plans To Shut UK Factory Placing Hundreds Of Jobs At Risk

NSK said it was proposing to close its site in Peterlee as part of a strategy to exit unprofitable businesses. The factory, which produces bearings for the automotive industry, employs approximately 350 people. Money latest: The autumn driving hazards that could cost you thousands NSK said it had begun consultations with union representatives on its plans. The company first opened the Peterlee site in 1976. It has another UK manufacturing facili…