THE American corporation that bought Clyde Union Pumps for £750 million has signalled the possibility of job cuts by admitting it is looking at "potential restructuring actions".
The news came after SPX announced the Scots engineering company had operating losses of $8.6m (£5.3m), including $6.6m of one-off accounting charges, in the first three months of 2012 even though sales had grown by 24% to $125m.
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