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Steeled for closure

Steeled for closure Property and investment poration' s job-creation offshoot car­ ries a lot of clout when it comes to clearing local government and public utility red tape for incoming firms. It's not a case of providing jobs at any price. But BSC Industry's package At least 25,000 workers will lose their jobs in the British could merit the 'special offer' tag. steel industry over the next two years. Which is why the For more information on BSC British Steel Corporation has come up with an incentive Industry's scheme, enter No. 178 on the Reader Inquiry card. package to attract new industry to areas hit by impending plant closures and cut-backs. Factory building award n 1975 BSC (Industry) appeared rather than contraction, is still green- for Vickers with a Phoenix-like aspiration: to field. BSC Industry has ahea d instiga­ Vickers new £4.5m Michell Bearings ted a factory building programme; ensure that new industry will rise from factory on the Scotswood Road, premises from 2,500 to 50,000 sq ft ar e the ashes of steel making plants hit by Newcastle upon Tyne, has earne d the available for sale or rent, and land has the Corporation's modernisation drive. only Premier Award made by the It's a high-powered, autonomous also been set aside for custom-built Business and Industry Panel for the organisation faced with the daunting needs. Environment for an inner city indus­ task of finding jobs for at least 25,000 BSC comments: "The wide choice trial development in 1978. workers over the next two years. of sites and their differing character­ The Panel commended Vickers for its initiative in building the new works on the sam e site as an original factory in Scotswood Road, and made special mention of high standard of working conditions and employee amenities. Th e Award also noted the high energy conservation standard which had been achieved by Vickers. Th e new 280,000 sq.feet factory has advanced facilities for manufacturing a complete range of Michell white metal bearings in an integrated factory which includes air conditioned offices. Continuous production was main­ tained during the building which was carried out in three phases, five months ahead of schedule, by Shep­ Already, 50,000 jobs have been lost istics mean that nearly all types of herd Construction Group of York. since 1967 as many small steelmaking industry can be accommodated .. . works were phased out in the £600m- capital or labour-intensive, heavy or a-year bid to put the Corporatio n on a light, requiring an especially clean profitable footing. environment or with difficult effluent Record 'lets' at discharge problems." Now it's the turn of medium-sized steelworks to feel the impact of cut­ Where BSC Industry really gets the Peterborough backs and closures. edge over other investment-seeking Peterborough Development Corpor­ BSC Industry's job-creation work organisations is finance. It has access ation signed factory, warehouse and is not made any easier by the fact that to the European Coal and Steel office agreements with a record 85 the affected plants are in such employ­ Community re-development fund, as firms in 1978. ment blackspots as West Central well as regional incentives offered by Th e amount of factory and ware­ Scotland (Cambuslang and Mother­ the British Government. house space let — just over 500,000 well), North East England (Hartle­ It is also prepare d to ente r into joint square feet — was also a record. pool), North Wales (Deeside) and ventures — it has an equity stake, for The agreements were with firms South Wales (Ebbw Vale and Cardiff). example, with Grundy Aut o Products new to Peterborough, and established But it can offer incentives which in Ebbw Vale. firms expanding their local operations. even in today's lush climate of State With steel plant closures and the Initially, the agreements mean hand-outs are likely to make re- resulting redundancies being such a about 1,000 new jobs. But most of the locators prick up their ears. politically-charged issue, there's no new firms intend to expand and a doubt that BSC has been charged by Th e Corporation owns hundreds of numbe r of the established firms have acres of land in its operational areas. the government to ease social disrup­ plans for further growth, so hundreds Some of this, bought in the days when tion as muc h as possible. It's therefore mor e jobs will result, say the Corpor­ steelmaking seemed set for expansion reasonable to assume that the Cor­ ation. FEBRUAR Y 1979 43 http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Industrial Management Emerald Publishing

Steeled for closure

Industrial Management , Volume 79 (2): 1 – Feb 1, 1979

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0007-6929
DOI
10.1108/eb056921
Publisher site
See Article on Publisher Site

Abstract

Property and investment poration' s job-creation offshoot car­ ries a lot of clout when it comes to clearing local government and public utility red tape for incoming firms. It's not a case of providing jobs at any price. But BSC Industry's package At least 25,000 workers will lose their jobs in the British could merit the 'special offer' tag. steel industry over the next two years. Which is why the For more information on BSC British Steel Corporation has come up with an incentive Industry's scheme, enter No. 178 on the Reader Inquiry card. package to attract new industry to areas hit by impending plant closures and cut-backs. Factory building award n 1975 BSC (Industry) appeared rather than contraction, is still green- for Vickers with a Phoenix-like aspiration: to field. BSC Industry has ahea d instiga­ Vickers new £4.5m Michell Bearings ted a factory building programme; ensure that new industry will rise from factory on the Scotswood Road, premises from 2,500 to 50,000 sq ft ar e the ashes of steel making plants hit by Newcastle upon Tyne, has earne d the available for sale or rent, and land has the Corporation's modernisation drive. only Premier Award made by the It's a high-powered, autonomous also been set aside for custom-built Business and Industry Panel for the organisation faced with the daunting needs. Environment for an inner city indus­ task of finding jobs for at least 25,000 BSC comments: "The wide choice trial development in 1978. workers over the next two years. of sites and their differing character­ The Panel commended Vickers for its initiative in building the new works on the sam e site as an original factory in Scotswood Road, and made special mention of high standard of working conditions and employee amenities. Th e Award also noted the high energy conservation standard which had been achieved by Vickers. Th e new 280,000 sq.feet factory has advanced facilities for manufacturing a complete range of Michell white metal bearings in an integrated factory which includes air conditioned offices. Continuous production was main­ tained during the building which was carried out in three phases, five months ahead of schedule, by Shep­ Already, 50,000 jobs have been lost istics mean that nearly all types of herd Construction Group of York. since 1967 as many small steelmaking industry can be accommodated .. . works were phased out in the £600m- capital or labour-intensive, heavy or a-year bid to put the Corporatio n on a light, requiring an especially clean profitable footing. environment or with difficult effluent Record 'lets' at discharge problems." Now it's the turn of medium-sized steelworks to feel the impact of cut­ Where BSC Industry really gets the Peterborough backs and closures. edge over other investment-seeking Peterborough Development Corpor­ BSC Industry's job-creation work organisations is finance. It has access ation signed factory, warehouse and is not made any easier by the fact that to the European Coal and Steel office agreements with a record 85 the affected plants are in such employ­ Community re-development fund, as firms in 1978. ment blackspots as West Central well as regional incentives offered by Th e amount of factory and ware­ Scotland (Cambuslang and Mother­ the British Government. house space let — just over 500,000 well), North East England (Hartle­ It is also prepare d to ente r into joint square feet — was also a record. pool), North Wales (Deeside) and ventures — it has an equity stake, for The agreements were with firms South Wales (Ebbw Vale and Cardiff). example, with Grundy Aut o Products new to Peterborough, and established But it can offer incentives which in Ebbw Vale. firms expanding their local operations. even in today's lush climate of State With steel plant closures and the Initially, the agreements mean hand-outs are likely to make re- resulting redundancies being such a about 1,000 new jobs. But most of the locators prick up their ears. politically-charged issue, there's no new firms intend to expand and a doubt that BSC has been charged by Th e Corporation owns hundreds of numbe r of the established firms have acres of land in its operational areas. the government to ease social disrup­ plans for further growth, so hundreds Some of this, bought in the days when tion as muc h as possible. It's therefore mor e jobs will result, say the Corpor­ steelmaking seemed set for expansion reasonable to assume that the Cor­ ation. FEBRUAR Y 1979 43

Journal

Industrial ManagementEmerald Publishing

Published: Feb 1, 1979

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