Automotive components manufacturer Wagon plans to open an aluminium parts factory in the West Midlands. The multi-million pound plant is intended to complement Wagon’s French factory, which supplies Renault. The group is in talks with several of its larger clients to confirm a launch order to raise capital for the venture.
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Automotive components manufacturer Wagon plans to open an aluminium parts factory in the West Midlands. The multi-million pound plant is intended to complement Wagon’s French factory, which supplies Renault. The group is in talks with several of its larger clients to confirm a launch order to raise capital for the venture.
The government’s renewable energy strategy was dealt a blow when the energy regulator warned that building wind farms and hydro-electric schemes in Scotland would be an ineffective use of money. Callum McCarthy told a cross-party committee of MPs that the cost of transmitting power over long distances was prohibitive.
Automotive supplier Avon Rubber has said it is considering closing its Trowbridge factory when the lease is due for renewal in 2003. The company has blamed the lack of competitiveness of making car parts in the UK, and said it plans to transfer production to Europe. About 285 jobs could be lost if the plant is closed.
Merchandising and supply chain solutions provider Armature has upgraded its multi-channel application suite, the A Series. The additions include modules for stock accounting and multi-channel order management, to give retailers stronger visibility of full life-cycle management. www.armature.com
Top 10 business books of 2001 1. No Logo by Naomi Klein (HarperCollins, £8.99) 2. The Seven Habits of Highly Effective People by Stephen Covey (Simon & Schuster, £10.99) 3. Who Moved my Cheese? by Spencer Johnson (Vermillion, £5.99) 4. The 48 Laws of Power by Robert Greene and Joolst Elffers (Profile Books, £5.99) 5. The Dilbert Principle by Scott Adams (Boxtree, £4.99)
Clive Gilson et al
HarperCollins, £19.99
Serious applicashions; Chris Leonard Appreciation Society; blue was the colour; we stand corrected
How FRS 8 affects disclosures for companies and central government