Tikkurila Coatings Ltd, one of the major industrial paint manufacturers in the UK and Europe, started to consult with its workforce on 27th June 2003 over its proposal to move to a single site operation.
The company currently has manufacturing and administrative sites at Bury in Lancashire and West Bromwich in the West Midlands. The company is considering a proposal to consolidate UK manufacturing to their West Bromwich site. A period of consultation with staff and Unions has commenced to discuss this proposal.
"The UK industrial paint market continues to contract, resulting in fierce competition on price with subsequent pressures on profitability", says Nigel Smith, Managing Director of Tikkurila Coatings Ltd. "The market is such that we must address the increased overheads we carry due to having two sites, which our competitors do not. We intend to position ourselves to aggressively increase our market share in the UK."
Tikkurila Coatings Oy is part of the Tikkurila Group, a major paint manufacturer in Northern and Eastern Europe with production facilities in ten countries. Its main products are decorative paints, industrial wood finishes, paints for the metal industry, protective coatings and coil coatings. In 2002 the Group had net sales of EUR 450 million and a staff of 2,500. Tikkurila is part of the Kemira Group.
For further information please contact
Mr Nigel Smith, Managing Director, Tikkurila Coatings Ltd
e-mail: nigel.smith@tikkurila.co.uk,
tel. + 44 161 762 6343
tel. + 44 161 762 6343
Mr Tapio Käär, President, Tikkurila Coatings Oy
Mr Ulf Koivula, Vice President, Tikkurila Coatings Oy