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.
New offshoring locations
China
121 jobs Number of planned job losses
Announcement Date
15 October 2004
Employment effect (start)
1 November 2004
Foreseen end date
1 May 2005
Description
Thermo King, one of the worlds largest producers of cooling equipment for ship containers, moves the production from Denmark to China, where 90% of the world's ship containers are built. Only 15 employees are left in the development department in the former headquarters of the company in Langeskov, Fyn, Denmark.
Sources
15 October 2004: Politiken
Citation
Eurofound (2004), Thermo King, Offshoring/Delocalisation in Denmark, factsheet number 60697, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60697.