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 Tobacco Products Manufacture Of Tobacco Products 12 - Manufacture of tobacco products
415 jobs Number of planned job losses
Announcement Date
28 July 2006
Employment effect (start)
31 July 2006
Foreseen end date
31 March 2007
Description
Imperial Tobacco, the world's fourth largest cigarette-maker, has announced plans to shut its Liverpool and Lahr plants with the loss of all 415 jobs. The UK company, which is headquartered in Bristol, said it was aiming to streamline its production in Europe. Imperial, which makes the UK's best selling cigarette brand - Lambert & Butler - said the closure of the liverpool site with the loss of 140 jobs would be completed by March next year. It is also closing its factory in Lahr, Germany, with the loss of 275 jobs. Imperial said its operations in Liverpool, which packs its Golden Virginia hand-rolling tobacco, would be transferred to sister factories in Nottingham and Mullingar in the Republic of Ireland. It estimates that the closure of the Liverpool and Lahr plants will generate annual cost savings of £7m. Imperial is the UK's second largest tobacco company, behind British American Tobacco but ahead of Gallaher.
Sources
28 July 2006: BBC Website
Citation
Eurofound (2006), Imperial Tobacco, Closure in European Union, factsheet number 63844, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63844.
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