Consolidation allows for expansion, firm claims

?No workforce cuts? in Stone merger

Stone Group, the UK’s largest privately owned computer manufacturer, has told PCR that the firm’s planned facility consolidation will not lead to job cuts.

The firm announced yesterday that it will merge both its facilites into a single site “to improve company systems and overall efficiency.”

Today a spokesperson for the company told PCR that the consolidation will "categorically not result in any redundancies of work force”, and stated that the move will, in fact, allow for expansion.

“Stone Group grows year on year – last year’s Turnover equalled 60.5 Million, this year’s turnover is 70 Million,” the spokesperson added.

Stone Group CEO James Bird said of the move: “We are bucking the trend, driving forward faster and more profitably than any other UK system builder thanks to our strategy and dedicated people.”

Company operations will be moved to the new facility in Stafford by May 2010.

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