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
New offshoring locations
Spain, Argentina
275 jobs Number of planned job losses
Announcement Date
16 February 2006
Employment effect (start)
1 September 2006
Foreseen end date
31 December 2007
Description
Bahco has decided to initiate negotiations with the local unions regarding plans to move the production of hand tools from Enköping to other production units in Spain and Argentina. Bahco in Sweden has nearly 360 workers in Enköping, 275 of whom will be affected. According to the plans, the reorganisation plan will gradually be implemented starting in the autumn of 2006 and be completed by the end of 2007. The reason for the companys plans is the need to consolidate the manufacturing within the Snap-On, owner of Bahco, in order to stay competitive. The municipality in Enköping and county employment boards have been informed. Negotiations with local trade unions have begun.
Sources
16 February 2006: Press release by Bahco
16 February 2006: Sverige radio
Citation
Eurofound (2006), Bahco, Offshoring/Delocalisation in Sweden, factsheet number 62968, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62968.
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