Discussion
We have just been told last week that our division (a small part - 5 employees) of a larger company 150+ employees is being sold off as the company direction has changed. They have said that they will continue to supply orders providing they components can be made for the price quoted by the new firm they will also rent the building we are currently in to the new employer for the next 3 months with a view to buy it, From what i can gather so far is all the machinery is being transfered but alot of the tooling is being retained by the old firm. My main issue is that company who are taking over is has changed name a few times over the last 15 years and the guy that runs it is known for not paying bills and trying it on etc. The whole thing stinks in my opinion and i am now on the look out for new work.
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