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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
200 jobs Number of planned job losses
Announcement Date
31 October 2005
Employment effect (start)
Foreseen end date
31 December 2006
Description
Two munitions plants owned by BAE Systems are to close with the loss of 200 jobs, the company has confirmed. The former Royal Ordnance site in Bridgwater, Somerset, will shut by 2007, with 130 job losses. And a site in Chorley, near Preston, Lancashire, which employs 70 people, will shut by the end of 2006.
A spokesman for BAE Systems said the company had other plants in the UK, and that it was currently developing its plan for its long-term munitions business.
In January 2005, BAE had already announced a restructuring involving the loss of 1,400 jobs.
Sources
31 October 2005: BBC News
Citation
Eurofound (2005), BAE Systems, Closure in United Kingdom, factsheet number 62473, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62473.
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