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 Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
130 jobs Number of planned job creations
Announcement Date
15 July 2005
Employment effect (start)
Foreseen end date
Description
U.S. leading injection moulder has chosen Poland for its first plant in Central and Eastern Europe. Precise Technology will open a new injection moulding facility in Łódź during the first quarter of 2006. The move comes a in support of a major Precise customer, according to President and CEO Michael Farrell. 'Poland is becoming one of the countries of choice for contract injection molding,' said Farrell. Precise will run a 3,500 square metre facility, which will house 14 molding machines with high-speed robotics and assembly.
Sources
15 July 2005: The Polish Information and Foreign Investment Agency
Eurofound (2005), Precise Technology, Business expansion in Poland, factsheet number 62037, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62037.
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