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Corus

Corus is to mothball most of its Teesside Cast Products plant early next year, with the loss of 1,700 jobs. 07-Dec-2009

Corus is to rebrand its UK steel operations under the name of parent company Tata by June 2010, at an expected cost of millions of pounds. 03-Dec-2009

Corus is to shed a further 2,000 jobs at its steel operations in Scunthorpe, Sheffield, Rotherham and Teesside. 29-Jun-2009

Corus is to mothball the Teesside Cast Products steel plant in Redcar, casting doubt on the future of up to 2,000 jobs. 11-May-2009

Corus is to shed 2,500 of the 24,000 jobs in its UK steel production business, including 750 in Rotherham, 500 in Llanwern, 500 at other sites in Wales and 750 in distribution and support. 27-Jan-2009

Corus is to shed 400 jobs at steel distribution sites in Wales, Leeds and the West Midlands, while blast furnaces in Scunthorpe and Port Talbot will be temporarily shut down. 10-Nov-2008

Corus is planning to shed up to 300 of the 700 jobs at its Trostre tinplate factory in Llanelli. 21-Apr-2008

Corus Tubes is planning to expand the 700-strong workforce at its steel operations in Hartlepool with up to 120 new jobs over the next 12 months. 08-Apr-2008

Corus is to invest £60m in the installation of new equipment to reduce carbon dioxide emissions at its steel plant in Port Talbot. 05-Feb-2008

Corus is planning to shed 94 of the 800 jobs at its steel products factory in Trostre, Llanelli, in order to reduce production capacity. 19-Jul-2007

Corus is to invest £5m in the expansion of steel slab production at its Port Talbot steelworks. 21-Jun-2007

Corus is to shed 212 jobs at its Llanwern steelworks in Newport, due to cuts in the steel mill and engineering sections. 25-May-2007

Corus is to invest £10m in the expansion of its steel distribution centre in Wednesfield, with the creation of 24 jobs. 16-Apr-2007

Corus, the steel manufacturer with 24,000 staff in Port Talbot, Rotherham and North Lincolnshire, has been acquired by Tata Steel of India for £6.7bn, which is expected to lead to cost savings of up to £180m a year. 01-Feb-2007

Corus is to invest £6m in the expansion of its Shotton steel works on Deeside by 2008, with the creation of up to 50 jobs. 13-Nov-2006

Corus is investing £16m in the expansion of steel production at its site in Port Talbot. 22-Sep-2006

Corus is planning to sell most of its aluminium operations to Aleris International of the US for £570m, including sites in Germany, the Netherlands and Canada. 20-Mar-2006

Corus is to close one of its steel mills in Rotherham, with the loss of 155 jobs. 16-Feb-2006

Corus is to close the hot-rolled steel decoiling operation at its Lackenby site on Teesside by the end of January, with the loss of 47 jobs, in order to transfer the work to Womborne in the West Midlands. 23-Sep-2005

Corus is to set up a new £10m automated distribution centre at its site in North Lincolnshire by autumn 2006, which will result in the loss of about 20 jobs. 19-Aug-2005

Corus is to invest £6.8m in equipment for its steel tube manufacturing plant in Corby, with the creation of about 70 new jobs over the next two years. 11-Jul-2005

Corus is to shed 75 jobs at its Teesside steel works, as part of a previously-announced plan to close the bloom casting operation by the end of the year. 14-Jun-2005

Corus is to invest £4.4m in the modernisation of its beam mill in Redcar, but this will result in the loss of 98 jobs. 14-Apr-2005

Corus is considering plans to shed up to 200 of the 1,700 jobs at its steel plant on Teesside, in order to secure the future of a supply agreement with Swiss trading company Duferco. 14-Mar-2005

Corus is transfer steel rail production from Workington to North Lincolnshire, as part of a £130m investment that will result in the loss of more than 400 jobs. 18-Feb-2005

Corus Tubes is to relocate a steel pipe mill and 73 staff from Stockton to its site in Hartlepool by August, and the Stockton site will be sold. 26-Jan-2005

Corus is to shed 78 of the 992 jobs at its tinplate plant at Trostre, Llanelli, over the next 12 months. 12-Nov-2004

Corus is in discussions to sell an 80% stake in its Teesside steel plant to Duferco of Switzerland, in order to save 2,000 jobs. 06-Sep-2004

Corus is to close its Sankey Laminations factory in Bilston by March 2005, with the loss of up to 190 jobs. 12-Jul-2004

Corus Engineering Steels is to invest a further £10m at its specialist steels operations in Rotherham, Stocksbridge and Wolverhampton, in order to increase production capacity for the aerospace market. 01-Jul-2004

Corus is to sell Tuscaloosa in Alabama, its last remaining US steel mill, to Nucor for £49m. 09-Jun-2004

Corus is to invest £32m in new equipment for its steel plant in North Lincolnshire, but 236 jobs will be lost at the site and the heavy section mill will close later this year. 28-Apr-2004

Corus, the steel manufacturer, is planning to set up a £25m research and development joint venture with Warwick University to develop new techniques for the production of automotive materials. 03-Mar-2004

Corus is considering plans to sell off its aluminium business, as part of a strategic review. 06-Feb-2004

Corus is to invest £1.2m in the expansion of the Shotton Steelworks on Deeside, which will involve the installation of new equipment this summer. 29-Jan-2004

Corus is to recruit 85 new staff at its Corus Tubes site in Hartlepool, having won a contract to supply a gas pipeline. 15-Jan-2004

Corus is to invest £12m in the installation of an additional ladle furnace at its steel manufacturing plant in North Lincolnshire. 12-Jan-2004

Corus is in talks with a number of potential joint venture partners for its Teesside Cast Products steelmaking business, and TCP is looking into the possibility of increasing exports by investing £16m in new port facilities. 08-Jan-2004

Corus is to shed more than 50 jobs at its steel operation in Blackburn, due to the closure of the Strip Products business and the relocation of the Multi Products business to a recently-refurbished unit nearby. 02-Dec-2003

Corus has announced plans to invest £71m at its Port Talbot plant by March 2005, in order to increase production of steel slabs. 13-Nov-2003

Corus has announced plans for a £90m investment in its engineering steels business, including manufacturing improvements at plants in Rotherham and Stocksbridge. 25-Sep-2003

Corus is considering plans to raise up to £100m from the sale of non-core assets over the next two years, including specialist steels for products such as electric motors and batteries. 18-Sep-2003

Corus has announced plans to expand its steel plant in Port Talbot with the creation of 35 jobs, but the project is dependent on the company securing finance. 14-Aug-2003

Corus is looking to raise up to £60m from the sale of its steel distribution operations in North America. 13-Aug-2003

Corus is to shed 130 temporary jobs at its steel pipes plant in Hartlepool next month. 07-Jul-2003

Corus has announced plans to shed 102 jobs at its Firsteel plant in Tipton and 34 at the Brinsworth plant in Rotherham. 18-Jun-2003

Corus is to shed 95 jobs on the electro-zinc line at its Shotton steelworks in Flintshire, but the workers will be eligible to apply for jobs on a new part of the site making factory-built homes. 21-May-2003

Corus has announced plans to shed a further 1,150 jobs at steel plants in Rotherham, Llanwern and Tipton, and the future of a further 2,200 jobs on Teesside is in doubt. 29-Apr-2003

Corus is to expand its fully-fitted housing units manufacturing plant at Shotton in Flintshire, with the creation of up to 200 jobs. 29-Apr-2003

Corus has announced a deal to sell a 50% stake in the Lusosider hot dip galvanising business in Portugal to CSN of Brazil for £7.4m. 23-Apr-2003

Corus is planning to concentrate its UK steel production onto fewer sites with the loss of 3,000 jobs, which could mean job losses at plants in Redcar, Port Talbot or North Lincolnshire. 11-Mar-2003

Corus has dropped plans for a £3bn merger with Brazilian steelmaker CSN, blaming weak financial markets and declining trading conditions. 14-Nov-2002

Corus is to acquire Precoat International, the steel pressings company with 250 staff at two Welsh plants in Cardiff and Cross Keys, for £7.2m. 07-Nov-2002

Corus is to relocate its cut-to-length steel processing work from Leeds to Teesside, with the loss of 17 jobs and the transfer of a further 15 jobs to other parts of the Leeds plant. 06-Nov-2002

Corus is to sell its downstream aluminium operations to Pechiney of France for £540m, including sites in China, Germany, Canada and Belgium. 24-Oct-2002

Corus is to create 80 new jobs at its pipelines business in Hartlepool, having won a number of new contracts. 11-Sep-2002

Corus is to raise £108m from the sale of its 20% stake in the Aluminerie Alouette aluminium plant in Canada, in order to reduce debt. 19-Aug-2002

Corus is to acquire Companhia Sideurgica Nacional, the Brazilian steelmaker, for £2.7bn, which will provide access to cheaper supplies of iron ore. 18-Jul-2002

Redrow and Corus Building Systems have formed a £6m joint venture to produce lightweight steel frames for houses, and the stand-alone company is expected to manufacture 1,000 frames in the first year. 12-Jul-2002

Corus has raised £359m from the sale of its 23% stake in AvestaPolarit, the stainless steel company that owns Avesta Sheffield, to Outokumpu. 02-Jul-2002

Corus is considering plans to sell its aluminium operations, which are valued at about £875m, in order to focus on steel products. 18-Mar-2002

Corus has announced plans to rebuild a blast furnace at its Port Talbot steelworks at a cost of £75m. 17-Jan-2002

Corus is to collaborate with Sumitomo Metals of Japan in the development of advanced steels for car manufacture, construction and engineering. 11-Jan-2002

Corus is planning to increase annual capital spending from £220m to more than £400m over the next five years, in order to increase production of high-value steel grades outside the UK. 16-Mar-2001

Corus has announced plans to invest £9m in improvements at its continuous steel casting plant in Scunthorpe, and the town will become the new headquarters of both its engineering steels and industrial operations. 16-Feb-2001

Corus has been approached by EXi Telecoms about the possibility of offering re-training to 4,000 steel workers during their notice period, which would lead to new jobs in cabling, electronic switching and fibre optics. 14-Feb-2001

Corus is to shed 2,800 jobs in Wales with the closure of tinplate production at Ebbw Vale and steel making at Llanwern, while a further 1,600 jobs will be lost at other sites in Yorkshire and Teesside. 02-Feb-2001

Corus is expected to close one of its main steel plants and shed a further 8,000 jobs early next year, due to weak prices in Europe. 06-Dec-2000

Corus has unveiled a new laser-welding facility that will produce body panels for BMW's new Mini and create 30 jobs, as part of a £30m investment at its Autolaser Technologies subsidiary in Wolverhampton. 20-Oct-2000

Corus is to shed a further 210 jobs at its steel plants, including 100 at Port Talbot, 45 at Shotton and 65 at Teesside. 12-Oct-2000

Corus is to invest £35m in the relining of a blast furnace at its Llanwern steel plant, which should secure the future of the site. 31-Aug-2000

Corus has announced plans to shed a further 1,300 jobs, including 450 at Llanwern and 400 at Port Talbot, leaving a total Welsh workforce of 10,000. 24-Jul-2000

Corus has announced plans to cut about 1,200 jobs at its large production sites in Scunthorpe and Redcar, as part of an ongoing drive to reduce costs. 17-Jul-2000

Corus is to shed 1,200 jobs at its engineering steel sites in Rotherham, Sheffield and elsewhere, while a further 230 jobs will be lost when it consolidates its R&D staff from Rotherham, Teesside and Port Talbot onto one site. 19-Jun-2000

Corus is to close its steel operation in Brierley Hill and relocate the 38 jobs to Wednesfield, while 28 jobs will be axed at its distribution centre in Blackburn. 14-Jun-2000

Corus is to shed 168 jobs at its steel products plant in Workington, blaming the strength of sterling. 22-May-2000

Corus is planning to take a 30% stake in a joint venture with Wupperman Industrie to build a steel galvanizing plant at Moerdijk in the Netherlands. 19-Apr-2000

Corus is cutting 60 jobs at its Dalzell plate mill in Motherwell and the Clydebridge works in Glasgow, prompting speculation that the plants could be closed. 10-Feb-2000

Corus has sold its 50% stake in Hoogovens Technical Services to Danieli of Italy for £7.7m. 05-Jan-2000

Corus is to invest £3.6m at the Shotton Steelworks in North Wales, in order to meet rising demand for its anti-rust steel from the motor industry. 13-Dec-1999

Corus is to close its steel plant in Shelton near Stoke-on-Trent with the loss of 216 jobs, due to poor trading conditions. 10-Dec-1999

Corus is to close a steel bars production unit at a steelworks near Amsterdam, with the loss of 600 jobs. 30-Nov-1999

Corus is to relocate an unspecified number of workers from the Shelton Bar rolling section mill in Stoke-on-Trent to Scunthorpe. 02-Nov-1999

British Steel is to change its name to Corus, following its recent merger with Koninklijke Hoogovens. 01-Oct-1999



The information on this page comes from the UK Activity Report.
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