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Shimizu Industry UK warns of Welshpool job losses Shimizu Industry UK warns of Welshpool job losses
(about 1 hour later)
A car parts manufacturer in Powys is warning of further job losses, blaming the "continuing difficult trading situation".A car parts manufacturer in Powys is warning of further job losses, blaming the "continuing difficult trading situation".
Shimizu Industry UK (SI-UK) laid off all its temporary staff and announced plans to make up to 30 full-time workers redundant a year ago.Shimizu Industry UK (SI-UK) laid off all its temporary staff and announced plans to make up to 30 full-time workers redundant a year ago.
The Welshpool firm makes parts for Honda, Toyota and Caterpiller, but is not revealing the number of job cuts. The Welshpool firm makes parts for Honda, Toyota and Caterpillar, but is not revealing the number of job cuts.
It employs more than 170 people and has a turnover of about £17m.It employs more than 170 people and has a turnover of about £17m.
In a statement, SI-UK's managing director Kenji Sakamaki and executive director Trevor Gaughan said: "Due to the continuing difficult trading situation SI-UK needs to reorganise its company structure.In a statement, SI-UK's managing director Kenji Sakamaki and executive director Trevor Gaughan said: "Due to the continuing difficult trading situation SI-UK needs to reorganise its company structure.
"This may result in a small number of permanent staff being made redundant.""This may result in a small number of permanent staff being made redundant."