Simclar Group

Simclar Group

The Simclar Group are a collection of companies owned by Sam Russell.

In January 2007 the group closed its Kilwinning and Irvine plants amid allegations of asset stripping and abuse of workers rights. [ [http://news.bbc.co.uk/1/hi/scotland/glasgow_and_west/6309273.stm "'Callous' company cuts 420 jobs"] , BBC News, 29 January 2007.]

Workers occupied the group's premises at Kilwinning and picketed the Irvine plant in an attempt to stop the asset stripping, but were unsuccessful. In August 2007, the workers were awarded approximately £800,000 in compensation for breaches of employment law by the Simclar Group. [ [http://news.bbc.co.uk/1/hi/scotland/glasgow_and_west/6972405.stm "Tribunal win for axed workforce"] , BBC News, 31 August 2007.]

Their abuses extend to the United States as well. Those looking to invest in them or that already are should inquire into the mass layoffs despite reaping enormous tax credit benefits particularly at the Ozark, Missouri facility. Apparently, said credits were sold for pennies on the dollar and exported with haste out of the country, no doubt lining Sam Russell's pocket.

References

External links

* [http://www.simclar.com/ The Simclar Group]


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