Japanese businessmen have gained their first foothold on British soil. The YKK Company of Tokyo,?
Japanese businessmen have gained their first foothold on British soil. The YKK Company of Tokyo, the world's biggest manufacturers of zip fasteners, on Friday opened its new factory at Runcorn, across the Mersey River form Liverpool in northern England.
This report from the British Broadcasting Corporation has commentary by Paul Burden which may be used. An alternative written commentary appears overpage.
SYNOPSIS: At Runcorn, in northern England, Japanese businessmen have opened their first factory in Britain. The employees are local people, but the management is Japanese.
The new factory is owned by the YKK company of Tokyo, the world's biggest manufacturers of zip fasteners. They claim to make enough zips in a year to stretch to the moon and back, and their British factory will produce three million zips a month. They plan to double its size next year.
The guests included a large group from the British clothing industry. Paul Bruden asked a director how large a share of the British market the company now holds.
The factory employs 70 local people, and could eventually take on 200. But the people of this region are noted for their independence. No-one knows how they will respond to the Japanese style in industrial relations, with its stress on company loyalty.