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.
Montornés del Vallés (Cataluña-Spain), Manchester (Great Britain) and Michigan (U.S.).
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
730 jobs Number of planned job losses
Announcement Date
29 September 2006
Employment effect (start)
Foreseen end date
31 December 2008
Description
Eaton, the american multinational that manufactures motor, weapon and electronical components, announced on 29 September 2006 that it is going to close its sites in Montornés del Vallés (Spain) and in Manchester (UK).
The company has not announced yet when the dismissals will start to take place but it has assured that both plants will be closed by the end of 2006.
Eaton will also close the plant it has in Saginaw (Michigan, U.S.) at the end of 2008. This is all the result of an internal restructuring of the company.
154 employees will be dismissed in Barcelona, 299 in Manchester and 277 in Michigan.
Sources
1 October 2006: El País
Citation
Eurofound (2006), Eaton, Internal restructuring in World, factsheet number 64248, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64248.
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