Co-GKN RSS feed for the Co-GKN tag
found 8 stories.
Business
Graeme Brown B'ham Post 27 Apr 10
Midland engineering giant GKN has swung back into a profit after seeing sales increase by 22 per cent.
The helicopter designer, manufacturer, and systems integrator saw a big rebound by its automotive division in the first three months of 2010, which helped trading profits jump to £84 million from a loss of £12 million in the same period last year. That meant a pre-tax profit of £71 million.
Group sales rose 22 per cent to £1.31 billion with constant currency sales up by 26 per cent.
Business
B'ham Post 16 Dec 09
Automotive and aerospace firm GKN is expected to make up to £80 million profits this year after it revealed to investors that trading had been better than expected…
Business
B'ham Post 17 Dec 09
Engineering group GKN is cutting jobs in Birmingham while reassuring investors that trade in the automotive and aerospace sectors is recovering…
Automotive news
Rebekah Oruye B'ham Post 8 Oct 09
GKN Driveline’s plant in Chester Road, Erdington, already shed 86 employees in February and a further 53 job losses were announced on Wednesday. The company has already said its forge facility at Hamstead would close by the end of the year and its car parts facility in Walsall would close by mid 2010 – more than 600 people are expected to be made redundant across all of its sites…
Manufacturing
Express & Star 4 August 09
Engineering group GKN, which is closing factories in Aldridge and Great Barr, said today it will axe 3,600 jobs this year – far more than had been expected. The company, which also announced smaller than expected losses of £8 million in the first half of this year, has already cut 2,500 jobs but said it would be cutting its global workforce by 3,600 this year and next – 1,200 more than previously planned…
Business
B'ham Post 23 July 09
Pubs group Marston’s and engineering firm GKN have won strong support from investors for raising funds worth a total of £600 million…
Manufacturing
Express & Star 26 June 09
Last ditch efforts to save a doomed West Midland vehicle components factory from closure have failed after bosses rejected a new business plan. It has today emerged that a total of 23 jobs have been axed at GKN Driveline, in Middlemore Lane, Aldridge…
Business
B'ham Post 19 Jun 09
Car parts and aircraft engineering firm GKN yesterday announced plans to raise £423 million in a rights issue as it looks to reduce its debt mountain…