Car Firm's Six-Month Recovery Plan

Daily MailApril 22, 2008

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TROUBLED car components firm Iralco reopened for business as usual yesterday after management briefed staff on plans to secure work for the next six months.

The High Court ordered the company to be wound up this week after the management said the business was in a dire financial state despite having plenty of work on the books.

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Car Firm's Six-Month Recovery Plan

But in an 11th hour move on Friday, union leaders said the...

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