More Woe For Scottish Economy As Tannoy Announces Closure With 70 Redundancies
GMB Scotland says next Scottish government must urgently address manufacturing decline.
GMB Scotland says the first act of the new Scottish government must be a meaningful industrial strategy as our manufacturing decline continues apace, with 70 redundancies confirmed at loudspeaker firm Tannoy.
Parent company Music Group Innovation’s Chief Executive, Uli Behringer, told stunned staff that following a statutory thirty day consultation, which commenced yesterday (Tuesday 3 May), operations at the Coatbridge plant would cease completely.
The historic brand, world renowned as the generic term for public address systems, produces world-class hi-fi systems but Music Group has said that by integrating manufacturing at its site in Zhongshan, China it would save 50 per cent in production costs.
Mick Conroy, GMB Scotland Senior Officer, said “In the year of Tannoy’s 90th anniversary, it’s an absolute tragedy that the long-serving Coatbridge workforce has been rewarded with the sack.
These latest redundancies also show the total free-fall in Scotland’s manufacturing sector as our slide towards a low-skill, low-wage and precarious economy gathers apace without any intervention.
A key priority of the next Scottish government must be to address our manufacturing crisis by bringing forward a meaningful industrial strategy that can help steer our economy back towards growth.
GMB Scotland will do everything we possibly can to protect the interests of our members in Coatbridge but we cannot keep hoping for sticking plaster interventions at the point of every jobs crisis.”
Contact: GMB Scotland Senior Officer Mick Conroy on 07921 289737 or Peter Welsh, GMB Scotland Communications, on 07976 447077.