Fenner to cut 290 jobs, mostly in North America

ERJ staff report (DS)

London — Fenner plc has said it expects to cut 290 jobs in the coming months, mostly in North America. The company said it will continue with its previously-announced plan to close its conveyor belt factory in Atlanta, following the investment in wide conveyor manufacturing.

In a statement accompanying the annual meeting of shareholders, the group reiterated its full year figures released in November. It also gave a rading update for the first quarter.

In general trading was healthy, but demand shows…

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