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 East; Northumberland and Tyne and Wear; Sunderland
Location of affected unit(s)
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
200 jobs Number of planned job creations
Announcement Date
1 February 2005
Employment effect (start)
Foreseen end date
Description
The Japanese carmaker Nissan said in early February 2005 that it is investing more than £200 million at its Sunderland factory in a move that it said would create 200 jobs and safeguard a thousand others.
The plant has been chosen to build Nissan's new four-wheel drive car which was designed and developed in the UK.
The decision comes less than six months after Nissan said it would build the Tone mini people carrier - backed by £124 million of investment - at Sunderland, which is regarded as the most efficient car plant in Europe.
Sources
2 February 2005: The Guardian
Citation
Eurofound (2005), Nissan, Business expansion in United Kingdom, factsheet number 61080, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61080.
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