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1000 jobs axed.

Byline: By Gayle Tomlinson

Up to 1,000 workers are facing the axe today as a North East electronics factory announces it is to close.

Staff at LG Philips, based in Durham, were today being told the plant is to shut with all 800 jobs set to shift to China.

A further 200 jobs in the local supply chain are expected to be hit.

The bombshell comes only a year after the company invested pounds 3m in new technology, which was supposed to secure the future of the TV factory.

Amicus union regional secretary Davey Hall today said: "The company's intention to move to China is all about securing as much profit as possible to the detriment of the loyal workers.

"I anticipate this will have enormous impact on the local communities."
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Publication:Evening Chronicle (Newcastle, England)
Date:Mar 2, 2005
Words:132
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