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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13 - Manufacture of textiles
New offshoring locations
Not Available
145 jobs Number of planned job losses
Announcement Date
17 October 2006
Employment effect (start)
2 October 2006
Foreseen end date
31 December 2007
Description
BSN Medical are cutting 131 staff at Brierfield Mills and 14 at the Glen Mills finishing plant in Colne, which will close by the end of next year. The company said competition from elsewhere by firms using cheaper labour has led to the cutbacks and the work would be moved to Asia. It praised workers, saying they had shown dedication and loyalty.
Sources
17 October 2006: BBC Website
Citation
Eurofound (2006), BSN Medical, Offshoring/Delocalisation in United Kingdom, factsheet number 64279, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64279.
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