Toray Textiles Into Mansfield :: Trade Textiles Consumerism Essays

Toray Textiles Into MansfieldCase Study of- What is Toray?- why Mansfield?- How does it wellbeing local anesthetic community?- The multiplier topic.- Factors involving the choice of a work positionToray Textiles - Key facts - Established in Japan in 1926.- Owns over 60 branch plants - Asia, North America, Europe, making company name recognised worldwide.- Plants intromit Italian artificial suede manufacturer, French carbon fibre manufacturer.- sales offices located in Milan and Frankfurt.Why Britain?- Close link with Marks & Spencer - provides a good return outlet and can supply new designs at short notice.- Turnover expected to be over 80 zillion pounds from new plant in Mansfield.- Japan has become too dear(predicate) as a manufacturing base for a product so technically unadvanced.- E.C. rules state that, unless 60% of any product is made in E.C. by E.C. registered employees, then the product is subject to import duty in the direct of money or commission, or by limi ting the amount of the product sold (tariffs/quotas).- Productivity high than in Japan and U.S.A.- Automation higher than in Japan and U.S.A.- Less training required.- High unemployment rates.- Longer running(a) week.- No minimum wage or legal paid holiday.Why Mansfield?- Mainline inter-city rail link to London and Birmingham making big cities more(prenominal) accessible - products can be sent for sale more easily.- companionable to the M1 and U.K motorway networks - access to buyers and channel ports - easier imports and exports.- High unemployment - not only pull up stakes vacancies be filled but there is competition - workers could accept frown wages.- Nottingham is nearby - worldwide reputation for textiles.- High water table in area - vast quantities required for bleaching and dyeing.- Unemployed miners well qualified in safety practices - an area upon which Toray places great importance.- Potential to set up and augment onto a green field site - lower costs.How d oes it benefit local community?- Low unemployment.- Higher prestige for area - more publicity.- touristry - created by publicity - brings in money etc.- Helps relieve pressures on council after large numbers of redundancies from the flop in the mining trade.How does it benefit the U.K.?- Net benefit of 50 million pounds to U.K balance of trade.- Has seen a revival in textile manufacturing.- Has prevented the need to import fabric from abroad.Multiplier effect- New employees have more money to spend, creating work in tertiary