Pilkington Set to Lose Another 90 Jobs

UK-based glass manufacturer Pilkington has announced plans to let go another 90 jobs after a disappointing performance amidst the global recession.

The St.Helens glass manufacturer who specialises in solar applications, announced that quarterly sales dropped by three percent to £1.08 billion.

Pilkington’s parent company, NSG Group, blamed the deterioration of its core markets for the company’s poor performance.  The group said in a statement: “In Europe, architectural markets were weak, as economic uncertainty affected levels of public, commercial, and residential construction.

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600450 Pilkington Set to Lose Another 90 Jobs glassonweb.com
Date: 22 August 2012
Source: www.solarpowerportal.co.uk

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