GKN WESTLAND CUTS BACK WORK FORCE, CLOSES WESTON PLANT

GKN Westland, an Anglo-Italian helicopter joint venture, announced it will lay off 950 of its 5,250 workers and close its Weston Super-Mare factory. The cutbacks come even though the company has a $6.5 billion order backlog and got recent contracts for 26 EH101s from Denmark and Portugal and eight...

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