UK’s Next Manufacturing to Close Katunayake Factory Amid High Costs | Manufacturing News Sri Lanka
4 Articles
4 Articles
UK’s Next Manufacturing to close Katunayake factory amid high costs | Manufacturing News Sri Lanka
UK’s Next Manufacturing, a subsidiary of the UK-based Next Group, announced the shutdown of its loss-making Katunayake plant due to high operating expenses. Two other local facilities will remain operational but with a reduced workforce. David Reay, Director of Next Manufacturing, elucidated that after grueling every alternative, they came to the conclusion that the Katunayake […] The post UK’s Next Manufacturing to close Katunayake factory amid…
Sri Lanka’s NEXT workers seek labour consultation, cost explanation over closure
ECONOMYNEXT – Workers of a NEXT Manufacturing, a firm owned by a UK group said they sought discussion with labour authorities after a sudden closure of the firm which was one of the first foreign investment projects set up when the island went on an export industrialization drive in the late 1970s. Anto Marcus, Secretary General of the Free Trade Zones & General Services Employees Union said the firm had not consulted the workers as required und…
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