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DOCUMENTS "COM"
COM(80)873
Vol.1980/0274

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COM(80)873 final
COMMISSION Brussels,22December1980
OFTHE
EUROPEANCOMMUNITIES FOROFFICIALUSEONLY
GeneralSecretariat
Requestforassent,pursuanttoArt.56.2.a)oftheECSCTreaty
tograntingareconversion loantoDanielDoncaster &SonsLtd.,
UnitedKingdom
(Communication fromtheCommission totheCouncil)
C0M(80)873final

COMMISSION
OFTHE
EUROPEAN COMMUNITIES
INTERNAL DOCUMENT
Communication *totheCouncil
Subject:Requestforassent/pursuanttoArt.56.2.a)oftheECSCTreaty
tograntingareconversion loantoDanielDoncaster &SonsLtd.,U.K.
X.THECOMPANYNO.309
Applicant îDanielDoncaster SSonsLtd.
Registered Office •Sheffield
Parentcompanyof
applicant•IncoEuropeLtd.Theultimateholdingcompany
isIncoLimitedwhichisincorporated inCanada.
Beneficiary IDoncaster MonkBridgeLimitedoperatesasan
agentcompanyofDanielDoncaster &SonsLtd.
Fieldofactivityof
beneficiarySManufacture andsupplyof:
a)precisionforgedaerofoilcompressor blades
andvanes.
b)envelopeforgedturbinebladesforgasturbine
Piovisinnoloddrett :Ru«d«loLoi200,B-1040Bru»**!»–Telephony350040*358040-T«legrophicoddrets:«COMEURBryssclt*•
T«le«:.COMEURBRU 21877.

-2-
II.THEPROJECT
■
Projectdescription :
1)Expansionofmanufacturing facilitiesforcompressor blades.
2)Plantinstallation forprocessingoflargefanblades.
3)Additional machinetools,ancillaryprocessing equipment,effluent
plant,inspectionfacilities,incremental worksaccommodation for
production,technical andengineering personnel.
Projectcostt'OOO tLand
jBuildings335
:Plantandmachinery 2,720
:Other
:Total 3'055
Ν
Projectschedule :Theinvestmentprojectwillbecompleted
bytheend-of1981.
Market *Worldwide.Maj'orcustomersinclude
RollsRoyceLtd.,PrattandWhitney
(CanadaandU.S.A.),6.E.C.(U.K.and
U.S.A.),FiatandWestinghouse Corporation .
Environment :Environment protection measures1naccordance
withrégulations !1nforce.
Theprojectappearseconomically sound;1twillmakeaveryusefulcontribution
totheredevelopment oftheregionconcernedwhich1saffectedbyadecline1n
ECSCIndustries.

-3-
III,THEREGION
Projectlocation Leeds,Yorkshire andHumberside .
Unemployment rate
Nationalniditatusof
ProjectareaTravel-to-WorkAreas
MaieOnly
Leeds 8.1%
Castleford 8.7%
Wakefield 8.5%MaieandFemale
7.2%
8.9%
8.0%
projectarea :Allthreetravel-to-workareaswere
designated asIntermediate Areasupto
31July1982afterwhichtheywilllose
theirAssistedAreastatus.
TheECSCindustryhasbeenanimportantsourceofemployment
inthearea.
IV.CONFORMITY WITHART.56OFTHEECSCTREATY
ECSCredundancies in
projectarea
Jobcreationofproject
TrainingInDecember 1979closureofWalton
Collierynr.Wakefieldwithaloss
of577jobs.In1980/81Lofthouse
Collierynr.Wakefieldwillclosewith
thelossof900jobs.
180newjobs.Giventheconvenient
accesstoLeedsbyroadorrail,the
newjobsshouldbecapableofbeing
filledwiththerequisitedegreeof
training,byredundantcoalworkers.
Trainingonthejobtobeprovided
bythecompany.
TheCommission considersthattherequestcomplieswith
Art.562a)oftheECSCTreatyandthatthenewjob
opportunities offeredbytheprojectarecapableof
absorbingredundant ECSCworkersintoproductive employment.

RECONVERSION LOAN
Loanrequested
Loangrantedfc1.5million
TheCommission hasapprovec|•loan
Offc1.5millionCabout 2.484M£UA)
or"equivalenttotheabovementioned
companyinaccordance withArt.56
operatingpolicies(0.4.Nq.C82/8
of29March1979).
Interestrebate
Jobbasisofinterestrebate:3%pointsperyearforfiveyearson
2,400,000 EUA.
120
COUNCIL_ASSENT
TheCommissioninvitestheCounciltogiveItsassenttothe
foregoingdecision.
\