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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32 - Other manufacturing
New offshoring locations
150 jobs Number of planned job losses
Announcement Date
1 December 2004
Employment effect (start)
Foreseen end date
31 December 2005
Description
ConvaTec are making 150 staff redundant from its factory which makes medical devices on Deeside. ConvaTec, which makes chronic care and wound healing products, employs more than 950 people on the Deeside Industrial Estate. The company, part of the American medical group Bristol-Myers Squibb, is losing 330 jobs worldwide, with the work being transferred to Nypro, a company based at Clinton, Massachusetts. Pete Paradossi, corporate director for ConvaTec, said the jobs would be lost over the following 12 months. 'Deeside remains a very important location for ConvaTec which is still the headquarters for our development and our wound care side of the business,' he said. The jobs going range from manufacturing, supervisory to office staff.
Sources
1 December 2004: BBC News
Citation
Eurofound (2004), ConvaTec, Offshoring/Delocalisation in United Kingdom, factsheet number 60830, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60830.
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