News
[1] New site
[2] Banner Lane To Close

A new site is born!

Welcome to the new site. I hope what you have seen of it so far is good. The new site was lauched in march 2002 and is to replace the original site that I designed whilst still at school. My design skills and knowledge of Fergusons has come along way ince then. I hope to keep this new site up todate every month with new pics and news about events and open days.

01/05/02


Massey Ferguson plant to close!

Union leaders have urged the government to join the euro after plans were revealed to shut a tractor factory with the loss of 1,000 jobs
The US-based owners of Coventry's historic Massey Ferguson tractor plant said one of the reasons they were closing the site was to switch production to a factory in France.

Parent company Agco said the euro currency would help "improve their competitive position" as well as blaming fierce competition for the move.

Now a regional union representative said the closure has "raised fears about the future of manufacturing in the UK".

If we had been in the euro two years ago we would be in a better position now

Tom Keogh, Amicus union
Robert Ratliff, president and chairman of Agco, said: "The cost position here in the UK in the last three years compared with competitors producing the same product in Europe is a lot higher.

The redundancies will be made over the next year as the Banner Lane plant - which is the biggest tractor factory in the world - is run down.

The Coventry site represents the largest factory in the Agco Corporation with peak production reaching 28,000 tractors a year.

The high horse power tractors produced in Coventry will now be made in Beauvais, near Paris.

Tractor production at the Coventry assembly plant will cease by the end of the year and transaxle production will finish by June 2003.

25/06/02


 

 
   
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