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Last Updated: Thursday, 18 March, 2004, 15:52 GMT
Buy-out saves aerospace factory
Jobs have been under threat at the factory for a month
Most jobs at an aerospace factory in Pembrokeshire have been saved after a management buy-out of the company.

The plant, which as DPS Aerospace employed 68 workers in Pembroke Dock, has a new name, United Aerospace.

The firm makes aircraft seats and cabin fittings such as overhead lockers for airlines, including British Airways and Quantas.

But the Surrey-based parent company wanted to concentrate on its motor sport parts business.

Job losses

Jobs have been in the balance since the announcement in February by Kowhai International.

The new owners say they have managed to save a "significant proportion" of the jobs although a spokeswoman said "regrettably United have not been able to take on all previous employees for economic, technical and organisational reasons."

However, the company said it was confident that new markets may be opened and further recruitment was possible.

There has been a consultation period over jobs, while negotiations over the buy-out have continued.

DPS said it wished United well in their future endeavours.

The factory only opened four years ago, with hopes to expand.

However it was forced to make 50 job losses in 2001 in the aftermath of the 11 September attacks in the US.


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