Type
Merger/Acquisition
Country
United Kingdom
Region
North East; Tees Valley and Durham; Durham CC
Location of affected unit(s)
Newcastle
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28 - Manufacture of machinery and equipment n.e.c.

400 jobs
Number of planned job losses
Job loss
Announcement Date
29 August 2002
Employment effect (start)
Foreseen end date

Description

Merger with the American Group Westinghouse


Sources

Citation

Eurofound (2002), Power Generation, Merger/Acquisition in United Kingdom, factsheet number 59199, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59199.