Over 100 jobs to go at coatings firm
A Nottinghamshire firm which produces coatings for Rolls-Royce has announced 106 job losses.
Turbine Surface Technologies Ltd (TSTL) in Annesley had made the job cuts after a reduction in demand from the Derby manufacturing giant.
The Unite union said it had secured a “generous” voluntary redundancy package and is working with the company to minimise compulsory job losses.
The union warned that SMEs in the aerospace sector, which employs nearly 26,000 people in the East Midlands, are at risk of “falling like dominos” without government intervention.
This could lead to aerospace supply chains shifting to countries where state support for manufacturing is being provided, such as France, Unite said.
Unite regional coordinating officer Shaun Lee said: “The redundancies at TSTL are linked to the impact of the coronavirus and the reduction in demand from Rolls Royce. They have come as a nasty shock to the workforce and the local economy.
“Unite has secured a generous voluntary redundancy package and will be providing support to our members during this difficult time. We are working with the company to minimise compulsory job losses.
“TSTL was expanding and growing its workforce prior to March of this year. Without government support for the survival and recovery of the aerospace industry, SMEs like TSTL are at risk of falling like dominos. Aerospace supply chains are in danger of moving to countries like France, which is openly supporting its aerospace and manufacturing industries.”