Northern Automotive Systems

Type
Internal restructuring
Country
United Kingdom
Region
South West (England); North Somerset, Somerset and Dorset; Dorset
Location of affected unit(s)
Gilwern
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
130 jobs
Number of planned job losses
Job loss
Announcement Date
7 December 2020
Employment effect (start)
Foreseen end date
31 December 2020

Description

Northern Automotive Systems, the British vehicle parts manufacturer has confirmed that it will cut 130 jobs at its site in Gilwern, South Wales by the end of 2020. The restructuring is part of a cost cutting programme designed partially in response to the UK leaving the European Union.

A spokesperson for the company said the aim of restructuring was ‘to become more attractive to UK-based customers’ and save as many UK-based jobs as possible.

Northern Automotive Systems makes decorative aluminium trim for the automotive industry. The company is part of the NBHX Trim Group and operates only the Gilwern site in the UK.

Sources

Citation

Eurofound (2020), Northern Automotive Systems, Internal restructuring in United Kingdom, factsheet number 102939, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102939.