Tomkins’s Profit Escalates, Doubles Workforce
Submitted by Manish Verma on Tue, 03/02/2010 - 12:49
Tomkins indicated its comeback today and said that it was doubling its workforce in Northern Ireland before new rules on tyre-pressure sensors are introduced in Europe.
The engineering company reported pre-tax profits of $38.4 million, compared with a loss of $8.1 million in 2008, better than anticipated results, helped by a recovery in car markets towards the end of the year.
