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GKN wins big IBC deal

7th December 1989
Page 15
Page 15, 7th December 1989 — GKN wins big IBC deal
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• GKN Axles' Salisbury division has won its largest contract to date, worth over ,217 million a year, to supply axles to IBC Vehicles in Luton.

GKN will invest £15.5 million, mainly on machine tools for its Birmingham-based production plant, which manufactures the axles. The company expects to have created 240 jobs by the time the IBC contract starts in 1991.