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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
100 jobs Number of planned job creations
Announcement Date
19 December 2005
Employment effect (start)
Foreseen end date
Description
3M plans to build a new plant in Poland. It will produce optical foil for LCD screens. The company plans to buy land in Wrocław nearby the existing 3M factory. The move is also connected to the decision of Korean LG.Philips LCD to start an LCD screens production in Kobierzyce. 3M estimates, that the land in Wrocław will cost about PLN 10 million. The initial value of investment outlays amounts to several millions of dollars. After starting up the first production line the plant will employ at least 100 workers. Eventually, the factory will create 500 new jobs.
Eurofound (2005), 3M, Business expansion in Poland, factsheet number 62702, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62702.
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