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Last Updated: Wednesday, 8 August 2007, 10:57 GMT 11:57 UK
MP seeks textile firm assurances
Michael Moore
Mr Moore has sought assurances for Dawson workers
A Borders MP has met with management of a Scottish textile firm after it confirmed it had held takeover talks with a Chinese cashmere company.

Michael Moore held discussions with Mike Hartley, the executive chairman of Dawson International.

The firm owns yarn spinners Todd and Duncan in Kinross and Barrie knitwear makers at Hawick in the Borders.

Mr Moore said it was vital that staff were kept "informed as fully as possible as matters progress".

Dawson International has confirmed there had been "very preliminary discussions" with a potential buyer, the Lingwu Zhongyin Cashmere Company.

'Many issues'

Mr Moore stressed the importance of the jobs at Barrie Knitwear to Hawick and the Borders if any takeover went ahead.

"Due to stock market restrictions and commercial confidentiality, there are limits to what the senior managers can say at present," he said.

"However, I have impressed on Mr Hartley the need for employees and others to be kept informed as fully as possible as matters progress.

"There are many issues raised by the possibility of a takeover and it is vital that those affected are fully engaged."


SEE ALSO
Textile takeover talks confirmed
04 Aug 07 |  Scotland
Chinese in Scots cashmere talks
03 Aug 07 |  Scotland
Hawick firm pins hopes on Monty
22 Jan 07 |  South of Scotland
More jobs lost at knitwear firm
24 Nov 06 |  South of Scotland
Borders textile fightback plans
06 Nov 06 |  South of Scotland
Union fights for cashmere workers
06 Sep 06 |  South of Scotland

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