Tata chief executive TV Narendran described Friday’s meeting as a “productive discussion with the new first minister of Wales about progressing our plans to secure the future of steelmaking in south Wales”.
He said the new electric arc furnace in Port Talbot would “help safeguard steel sovereignty in Britain, preserve 5,000 jobs, support our customers, and reduce CO2 emissions by five million tonnes each year”.
Mr Narendran said support, including mental health, was being offered to workers along with the “most generous financial support package ever offered to outgoing employees”.
“Tata Steel has always been a responsible, long-term and patient investor in its UK business, and we are committing significant additional capital to ensure that we can create an operationally, financially and environmentally sustainable business for the future,” he added.
The GMB union called Tata’s latest redundancy offer “state sponsored decimation of a community”.
On Thursday, it was announced that members of the largest steelworkers’ union, Community, had voted in favour of industrial action over the restructuring.
Plaid Cymru’s economy spokesman Luke Fletcher called for nationalisation of the steel industry and dubbed Tata’s attitude to worker’s “appalling”.
“A responsible company doesn’t act like this,” he added.
By
Source link
