Overview
- The proposal covers the NSK Bearings Europe and AKS Precision Ball facilities in Peterlee, according to company statements.
- Roughly 350 roles are at risk, with redundancy terms and any redeployment options still to be determined.
- The plants produce bearings for steering columns and wheel hubs and supply customers including Nissan’s Sunderland operation.
- NSK says it is still assessing the full business impact and has pledged support measures for affected staff if closure proceeds.
- The Peterlee operation dates to 1976 and sits within a wider European network that includes a UK site in Newark and plants in Germany and Poland.