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The Independent UK
The Independent UK
Business
Anna Wise

Car parts maker plans to close factories, threatening 350 jobs

An NSK factory in Peterlee, Durham - (Google Street View)

Japanese manufacturer NSK plans to close two County Durham factories, jeopardising around 350 jobs.

The Tokyo-based automotive parts supplier cited “persistent challenges in the profitability of locally manufactured products” for the proposed closures.

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