New Corus Appointment has 'Teesside in His Blood'

Summary


A THAI company has appointed a steel expert, who marched to save the industry in the North-East, as interim managing director for the Corus plant it intends to buy.

Sahaviriya Steel Industries (SSI) yesterday announced it had appointed David Reid, 59, in advance of its proposed acquisition of Teesside Cast Products (TCP).

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Extract


New Corus Appointment has 'Teesside in His Blood'

Although a final deal has to be completed, the two companies signed amemorandum of understanding on August 27 paving the way for steelmaking to restart at the plant, ne...

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