Tata Steel invests £8 million in Scotland
August 28, 2011
We like to keep a close eye on business developments in Scotland and we noted that Tata Steel, a top ten global steel maker, announced that it will invest £8 million at its Clydebridge plant in Cambuslang, Glasgow, to increase its capability to produce high-strength steel plate.
The news follows the announcement last August of an £8 million investment in a new heavy-duty press and other equipment at Tata Steel’s nearby Dalzell plate rolling mill, in Motherwell, and the recruitment of 60 new workers across the two Scottish plants.
Workers at Clydebridge carry out two processes – quenching and tempering – which strengthen steel plate. The investment – which includes expanding the plant’s two furnaces, and installing two new gas-cutting machines and a new stamping and marking machine – will boost the output from the specialist plant by up to 50% and lead to the creation of about 26 new jobs.
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