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.
North West; Greater Manchester; Greater Manchester North
Location of affected unit(s)
Sector
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20 - Manufacture of chemicals and chemical products
300 jobs Number of planned job losses
Announcement Date
27 October 2004
Employment effect (start)
Foreseen end date
1 October 2007
Description
Ciba Specialty Chemicals will stop production at its textile dye plant in 2007 and is set to close the entire site the following year. Three hundred people will lose their jobs in the proposed closure of a chemical factory in east Manchester. It said increasing pressure from Asian competitors meant the site was no longer "economically sustainable". However, the firm will support workers willing to move to other sites where there are suitable vacancies.
Sources
27 October 2004: BBC News
Citation
Eurofound (2004), Ciba Specialty Chemicals, Closure in United Kingdom, factsheet number 60782, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60782.
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