Volex shuts plant

Thursday 18 March 1999 00:02 GMT

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VOLEX, the electrical equipment group, yesterday said it would close its South Wales factory and streamline operations at its main Manchester plant, with the loss of 185 jobs.

Volex said competitive pricing pressures on its European power cord products persisted, and it would continue to invest in an automated plant in the UK and utilise existing capacity in its factories in South-east Asia.

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