LIBERTY Magona Restarts Production Lines With Fresh Investment And New Employment As The Next Generation Comes Through

GFG Alliance | July 21, 2020

Sanjeev Gupta, Executive Chairman of LIBERTY Steel Group and GFG Alliance, today celebrated the restart of LIBERTY Magona’s Pickling Line and the completion of the restart work for the plant’s Organic Coated Line No1. The €10 million investment has led to a 40% increase in production capacity and a 20% increase in employment at the site with 81 young recruits joining the business. Sanjeev Gupta, Executive Chairman, LIBERTY Steel Group and GFG Alliance said: “I’m delighted to celebrate the first steps in our transformation plan for LIBERTY Magona just 12 months after we acquired the business, and many years since the facility has received investment. The €10 million we have invested to restart the mothballed production lines will boost our capability and competitiveness, but most importantly it will see the next generation coming into our business with 81 new recruits between the ages of 20-25 years joining the LIBERTY Magona team. It is vital to the future of our economy and wider society that we attract more young people into the high-quality, high-skilled, jobs our industry can offer.

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