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.
North East; Northumberland and Tyne and Wear; Tyneside
Location of affected unit(s)
Washington
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
400 jobs Number of planned job creations
Announcement Date
9 June 2006
Employment effect (start)
Foreseen end date
Description
Zero emission vehicle technology firm Tanfield Group has said it plans to use a former electronics factory site in Washington, Wearside, to expand its own operations. Up to 400 jobs are being promised as part of the revitalisation of the site. The move follows Tanfield's take-over of a Dublin-based engineering company. The deal to expand the Washington site was achieved with cash help from regeneration agency One NorthEast.
Sources
9 June 2006: BBC News
Citation
Eurofound (2006), Tanfield Group, Business expansion in United Kingdom, factsheet number 63606, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63606.
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