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Last Updated: Wednesday, 7 July, 2004, 05:35 GMT 06:35 UK
Ex-warehouse is new company HQ
Tool firm Screwfix is to make a Somerset warehouse, where it recently axed 520 staff, into its head office.

The company's warehouse operations are moving to Stoke-on-Trent from Yeovil, and a second plant in Leicester.

A Screwfix spokesman said the jobs were axed in the two locations because a single site in Stoke was better able to cope with a "rapid growth in business".

Screwfix, owned by Kingfisher plc, had an annual turnover of 187m in 2002-2003.

The company says it has more than a million customers in the UK.

South Somerset Council had previously decided not to back Screwfix's plans to build a new warehouse in Yeovil.




SEE ALSO:
1,000 warehouse jobs at risk
29 Jan 04  |  Somerset


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