The Business Secretary must urgently review GKN takeover bid

GKN flag

Yesterday Cabinet Member for Jobs and Skills Cllr Brett O’Reilly and I wrote to Business Secretary Greg Clark, urging him to review the proposed takeover of GKN by Melrose.

As one of the city region’s anchor employers, GKN plays an important role in the Midlands and Birmingham economy. It employs large number of workers, sources components from supply chains that benefit the economy, delivers exports for the region and the country, supports key assemblers like JLR, and continues to invest heavily in the future driveline technology needed by electric cars.

GKN operations in the city region include not only GKN head office at Redditch but also GKN Freight Services (Redditch), GKN Aerospace Services (Birmingham), GKN Driveline (Birmingham), GKN Driveline Services (Sutton Coldfield) and – not far away – GKN Wheels & Structures (Shropshire).

You can see our letter here.

Posted on February 8, 2018, in News and tagged , . Bookmark the permalink. Leave a comment.

What do you think?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: