Simclar Group
Nowadays, Simclar Group is a topic that has captured the attention of many people around the world. With the advancement of technology and globalization, Simclar Group has become an important part of our lives. With this in mind, it is crucial to understand the importance and relevance of Simclar Group in today's society. Throughout this article, we will explore different aspects of Simclar Group and its impact in different areas, from economics to culture. Likewise, we will analyze the role that Simclar Group plays in people's daily lives and how it is shaping the future. Without a doubt, Simclar Group is an issue that we cannot ignore, and it is crucial to be aware of its implications and consequences.
| Defunct | June 2011 |
|---|---|
| Fate | Assets acquired by Balmoral Funds; Simclar renamed Concurrent Manufacturing Solutions |
| Owner | Sam Russell |
The Simclar Group was a collection of companies owned by Sam Russell. It went into administration in June 2011.[1]
In January 2007 the group closed its Kilwinning and Irvine plants amid allegations of asset stripping and abuse of workers rights.[2]
Workers occupied the group's premises at Kilwinning and picketed the Irvine plant in an attempt to stop the asset stripping, but were unsuccessful. In August 2007, the workers were awarded approximately £800,000 in compensation for breaches of employment law by the Simclar Group.[3]
In November 2012, the Simclar assets were acquired by Balmoral Funds, which renamed the company Concurrent Manufacturing Solutions.[4]
References
- ^ "Simclar Group goes into administration" Archived 2011-08-30 at the Wayback Machine, BBC News, 27 June 2011
- ^ "'Callous' company cuts 420 jobs", BBC News, 29 January 2007.
- ^ "Tribunal win for axed workforce", BBC News, 31 August 2007.
- ^ "Archived copy". circuitsassembly.com. Archived from the original on 19 January 2013.
{{cite web}}: CS1 maint: archived copy as title (link)
External links
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