300 new jobs joy as Liberty buys "It will help us achieve our GREENSTEEL vision and facilitate investment in engineering products, thereby reducing the supply chain gaps in the UK, especially in automotive and aerospace sectors.
"By investing to acquire Speciality Steels we are casting a big vote of confidence in the future of British industry. With the right business model and an innovative approach, the UK steel and engineering sectors can recover and thrive. The Government is now pursuing a new post Brexit industrial strategy and steel must be burberry e store at the heart of that strategy." Speciality Steels employs 1,700 at five steelworks, some 860 at a purifying facility in Stocksbridge, 750 at Aldwarke and Thrybergh in Rotherham and clearance burberry bags 110 at a bar mill in Brinsworth. It also has units in Hartlepool, Lancashire and two in China. Some 70 per cent of business is export, half into Europe, on turnover of 300m. It makes aerospace, automotive and oil and gas products. Customers include Rolls Royce and Jaguar Land Rover. Rotherham MP John Healey, who was an organiser of a steel crisis burberry usa online shop summit in Rotherham 18 months ago, said the deal was a big vote of confidence in South Yorkshire steel making. He added: "It's great to see the sale go through. For the first time in years, Rotherham steelworkers and their families have some hope for the future. "Liberty House has pledged the investment, jobs and marketing that can continue specialty steel's success. They're aiming for more jobs, fresh overseas markets, expansion of the Thrybergh bar mill and to boost steel making in the main Rotherham plant. "I will carry on working to back the new owners and the workforce, and keep on the Government's case about support for our UK steel industry. Liberty is backing British steel making, and Government must now play its part on energy costs, business rates, skills funding and a strong buy British bias in big Government projects.
" Last month, Liberty announced its management for Speciality Steels with Jon Bolton as chief executive, Peter Hogg as chief operations officer and Chris Kirby as chief financial officer. Jon Bolton is currently chief executive of Liberty's plates and UK steel development, and chair of the employers' body UK Steel, Peter Hogg is moving from director burberry dog sweater of long products maker, British Steel, while Chris Kirby is a senior consultant to metals, mining and energy firms.
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