News: Jobs axed at Shropshire remanufacturing firm
Sixty jobs have been axed at a Shropshire manufacturing company as the economic crisis continued to claim victims across the country.
Monday, 12th January 2009
Shrewsbury-based Caterpillar Remanufacturing Services said all of the posts it was cutting were either temporary or contract workers. Bosses said they regretted the decision, but insisted it was vital in order to ensure the long-term future of the plant. A statement released by the company, which makes machines and engines for the construction and mining industries, said: "Caterpillar Remanufacturing Services in Shrewsbury has released approximately 60 temporary and contract workers, employed mainly by Parkhouse Recruitment, who previously performed roles throughout the factory and offices. "This is a result of a re-evaluation of market conditions and production levels."