Auto components maker Toyoda Gosei today announced it is shutting down its UK operations, putting nearly 500 jobs at its UK factories at risk.
Toyoda Gosei UK operates two factories, one in Swansea and another in Rotherham, which produce parts for Honda, Nissan and Toyota, among other car manufacturers. The company said it was closing its manufacturing facilities in the UK due to “a significant reduction in key demand from UK customers”.
A total of 458 people – 251 at the Rotherham plant and 207 in Swansea – are employed at these sites. This is down from a workforce of 800 employed by Toyoda Gosei in 2015.
“We understand and regret the uncertainty this will cause for everyone at the Swansea and Rotherham sites,” said Shigenori Matsuo, the boss of Toyoda Gosei in the UK, “and we are doing everything we can to support our employees throughout the consultation process. ”
In a statement, the company said it “has informed its employees of a proposal to close the business in the UK. TGUK will now begin a formal consultation period with its employees regarding the proposed changes. “
He added that he “does not foresee any growth in his business” in the UK.
Toyota Gosei is the latest in a line of global auto companies to cut operations in the UK. Earlier this year, GKN Automotive announced plans to close its Birmingham plant, which assembles drive shafts, with a fallout of 519 jobs.
The closure of Ford’s Bridgend plant resulted in 1,700 other roles in the auto industry when it closed in September 2020, and it remains unclear whether the new owners of the Honda plant in Swindon will seek to retain the workforce. work already on site.
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This notice was published: 2021-04-28 15:57:01