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 (10 - 11) Manufacture of food and beverage 10.8 - Manufacture of other food products 10.82 - Manufacture of cocoa, chocolate and sugar confectionery
New offshoring locations
Sweden, Belgium, Poland
316 jobs Number of planned job losses
Announcement Date
20 April 2004
Employment effect (start)
Foreseen end date
Description
Terry's of York have announced the closure of its factory after a long rundown. All remaining 316 jobs will go in the move by Terry's American owners, Kraft Foods International, which will transfer production to newer plants in Sweden and Belgium and cheaper ones in Poland and Slovakia.
Sources
20 April 2004: The Guardian
Citation
Eurofound (2004), Terry's, Offshoring/Delocalisation in United Kingdom, factsheet number 60294, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60294.