The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
118 jobs Number of planned job losses
Announcement Date
26 June 2003
Employment effect (start)
1 July 2003
Foreseen end date
1 July 2003
Description
The plant manufactures mobile screening equipment for use in the quarry, landfill and waste recycling industries. The workers will receive redundancy severance terms of 3.5 weeks pay per year of service. The plant is owned by American multinational, Terex.
Sources
17 July 2003: Industrial relations news
26 June 2003: The Irish Times
Citation
Eurofound (2003), Powerscreen, Internal restructuring in Ireland, factsheet number 59252, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59252.