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.
East Midlands; Derbyshire and Nottinghamshire; Derby
Location of affected unit(s)
Ilkeston
Sector
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
New offshoring locations
Not Available
220 jobs Number of planned job losses
Announcement Date
6 December 2006
Employment effect (start)
Foreseen end date
1 April 2007
Description
Stanton Ironworks, a pipe manufacturer in Ilkeston, is to cut 220 of the 440 jobs at the plant. The firm is run by Saint-Gobain Pipelines. The factory makes iron pipes for the water industry, but the company said this work would be moved overseas. It blamed a steady decline in the market, along with major increases in the cost of steel for the move. In a statement, Saint-Gobain said some departments would stay at the site but about 220 jobs would have to go as part of the new plans. The statement added: 'We very much regret any job losses and our priority is to support our employees at a difficult time.' Production is expected to end in April 2007. A spokesman from workers' union Amicus, said the latest round of cuts brought the number of recent job losses in the region to more than 1,000.
Sources
6 December 2006: BBC News
Citation
Eurofound (2006), Stanton Ironworks, Offshoring/Delocalisation in United Kingdom, factsheet number 64568, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64568.
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