Shaft seals and keyways

• Publisher: Elsevier Science
• Year: 1999
• Tongue: English
• Weight: 109 KB
• Volume: 1999
• Category: Article
• ISSN: 1350-4789
• DOI: 10.1016/s1350-4789(00)80027-6

✦ Synopsis

Accepting the fact that owners and directors cannot allow these losses to happen, some companies will go for growth, some will shed jobs, but strategy like company performance is individual. Don Turkington, managing director of Plimsoll says "For a company to move forward, they must of course look to increase sales or look inwards but they must keep salaries in perspective. Don't pay too much and don't pay too little".

Next year what is likely is that a significant number of people again will change jobs to other companies in the industry in light of a company's need to respond to financial and commercial change. Indeed it is estimated that if those companies either showing a decline in sales in line with the industry average of 26.1%, as many as 2175 more jobs would need to go. If history repeats itself, then these people will need to find new jobs, almost certainly within the industry.

So how many companies in the seals and gaskets industry have got the balance