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Icon spends [pounds sterling]1 million on new Silvertown plant in Burton; UK group decides on leased site in Burton to house production of Silentbloc antivibration products. Most other Silvertown products will move to Retford, but some will move offshore or be sold.(Icon Polymer)
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Byline: Liz White
Icon Polymer Group has restructured following its acquisition of the Silvertown Group in late 2004. The UK group announced 22 Aug that it will invest [pounds sterling]1 million (z1.46 million) in a new vibration-control division called Icon Silentbloc.
This division, with over [pounds sterling]5-million annual turnover, will be based in a modern industrial facility in Burton-on-Trent, leased on a long-term basis, and will employ 75 of the former Silvertown workforce, an Icon spokesman confirmed.
Icon Silentbloc will manufacture the traditional ...
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