TITLE

Fenner restructures business, to cut 290 jobs

AUTHOR(S)
McNulty, Mike
PUB. DATE
January 2009
SOURCE
Rubber & Plastics News;1/26/2009, Vol. 38 Issue 13, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Fenner PLC is restructuring its operations, with much of the focus on its industrial conveyor belt sector, and plans to axe about 290 jobs globally. The Hassle, England-based company is implementing cost reduction initiatives in those parts of the company experiencing weaker demand. According to David Hurd, president of Fenner Dunlop Americas Inc., Fenner's operating arm in North America, about 150 of the job cuts will be made at its North American plants.
ACCESSION #
36464455

 

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