GKN workers urge closure rethink at Melrose annual general meeting
- Wednesday 8 May 2019
Workers from GKN’s King’s Norton plant will be lobbying shareholders and grilling board members at Melrose’s annual general meeting tomorrow (Thursday 9 May) over plans to shut their site by March 2021, with the loss of 200 jobs.
The workers, who are members of Unite, will be outside the GKN owner’s AGM from 10:30 with a ‘Save King’s Norton GKN’ banner, urging shareholders to press the Melrose board to think again and to vote against the remuneration report.
A delegation of workers, who hold company shares, will then attend the AGM to press the board over the business case behind the planned closure of the King’s Norton facility which makes canopies and windows for military and civilian planes.
Melrose’s AGM will be held at 11:00 on Thursday 9 May at Barber-Surgeon’s Hall, Monkwell Square, Wood Street, London EC2Y 5BL.
Commenting Unite national officer Rhys McCarthy said: “The proposed closure of GKN King’s Norton raises serious questions about Melrose’s commitment to retaining work in the UK and keeping the promises it made to the government during its hostile takeover of GKN.
“It is classic short-termism which will lead to vital skills being lost to the company, in addition to sucking money out of the local economy and wider supply chain.
“Unite is urging shareholders to press the Melrose board to think again and work with us to re-examine the business case for the closure of King’s Norton. We believe the site can have a bright future and grow over the long-term.
“We are also asking shareholders to vote against the Melrose remuneration report. Rewards under the main incentive scheme remain uncapped, raising the prospect of Melrose’s bosses raking in millions in future pay outs while sending GKN workers to the dole queue.”
For more information please contact Alex Flynn Unite head of media and campaigns on 020 3371 2066 or 07967 665869
Notes to editors:
- Unite is Britain and Ireland’s largest union with members working across all sectors of the economy. The general secretary is Len McCluskey.