Surge in Profitability at Scottish Tanning

The HeraldNovember 10, 2004

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Summary


A successful move to focus on higher-margin work helped Scottish Tanning Industries, one of the UK's biggest producers of leather seats and trim for cars and planes, enjoy a surge in profitability last year.

However, a downturn in demand from the key US market as a result of the weakness of the dollar has prompted the Renfrewshire firm to put two of its plants on short-time working to cut costs.

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Extract


Surge in Profitability at Scottish Tanning

Production workers at facilities in Bridgeton, Glasgow, and Bridge of Weir, which employ 300 staff, are ...

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