Troubled British motorcycle manufacturer, Norton Motorcycles, is now expanding its manpower as it embarks on a hiring spree, signifying its big plans for the near future.
2020 has not been the year for Norton Motorcycles. For starters, it went into administration, the British equivalent of bankruptcy. Its former owner and CEO, Stuart Garner, and his business partners have come under investigation for alleged anomalies that led to the company's downfall.
Saddled with debt and still many orders to fill, the future seemed bleak. Then came TVS, which bought the iconic British brand last April for a reported GBP 16-million or just a little over PHP 1-billion.
With TVS now in the picture, they hope to reenergize the company and are now looking for senior design engineers, quality managers, purchasing managers, and principle powertrain engineers, to name a few. That's a good sign, considering that the company only employed 55 people before TVS took over.
“We have begun the process of planning for the restart of the business and are looking to both fill some existing vacancies and add to the capabilities of the organization,” said Norton’s interim CEO, John Russell.
Besides the hiring spree, another focus for the company now is to deliver the bikes that were ordered by customers (pre-TVS' acquisition). “Get [the] bikes to people who have paid deposits as soon as possible,” said TVS Joint Managing Director, Sudarshan Venu.
TVS was also reported to be planning on relocating Norton's head office and will be investing big time in the Donington Park production facility to meet production demand.
