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Commercial Engineers & Body Builders Co plans temporary layoff at Jabalpur facility

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Capital Market

With effect from 01 May 2014

Commercial Engineers & Body Builders Co is planning to lay-off part of its work force relating to one of its production facility situated at Village Imlai, Panagar, Jabalpur effective from 01 May 2014; due to absence of sufficient orders from its customers arising out of poor demand in Commercial Vehicle/wagon industry. This is a temporary feature and Company expects improvement in demand.

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First Published: Apr 25 2014 | 3:12 PM IST

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