Lincoln Castings

Type
Closure
Country
United Kingdom
Region
Yorkshire and The Humber; East Yorkshire and Northern Lincolnshire; North and North East Lincolnshire
Location of affected unit(s)
North Hykeham
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
200 jobs
Number of planned job losses
Job loss
Announcement Date
1 December 2006
Employment effect (start)
Foreseen end date
25 December 2006

Description

More than 200 jobs are under threat at a Lincolnshire factory after the collapse of a buy-out deal, it is claimed. Lincoln Castings makes tools and equipment for the automotive, engineering and defence industries.

Amicus representative Steve Syson said the future looked bleak for Lincoln Castings at North Hykeham which has been in administration since September. The firm announced on 18 December 2006 that all staff would be out of work by Christmas.

Formerly known as George Fischer (Lincoln) Limited, the firm was sold to privately-held British company, Meade Corporation Ltd, in 2004.

Sources

  • 1 December 2006: BBC Website

Citation

Eurofound (2006), Lincoln Castings, Closure in United Kingdom, factsheet number 64532, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64532.