Simclar Group
The Simclar Group was a collection of companies owned by Sam Russell. It went into administration in June 2011.[1]
| Defunct | June 2011 |
|---|---|
| Fate | Assets acquired by Balmoral Funds; Simclar renamed Concurrent Manufacturing Solutions |
| Owner | Sam Russell |
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" Archived 2007-02-03 at the Wayback Machine, BBC News, 29 January 2007.
- "Tribunal win for axed workforce" Archived 2021-10-16 at the Wayback Machine, 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)
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