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 Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
New offshoring locations
Costa Rica, Dominican Republic
560 jobs Number of planned job losses
Announcement Date
23 August 2005
Employment effect (start)
Foreseen end date
30 April 2007
Description
Hospira, a US-owned medical devices company, announced on 23 August 2005 that its Donegal plant is to close in approximately 18 months time. Products manufactured there will instead be made in Costa Rica and the Dominican Republic, where manufacturing costs are lower, the company said. Irelands largest trade union, SIPTU, called for Government action to alleviate the jobs crisis affecting Donegal.
Sources
20 August 2005: The Irish Times
Citation
Eurofound (2005), Hospira, Offshoring/Delocalisation in Ireland, factsheet number 62143, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62143.
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