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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
New offshoring locations
European Union
150 jobs Number of planned job losses
Announcement Date
6 February 2007
Employment effect (start)
12 February 2007
Foreseen end date
31 December 2007
Description
A firm supplying noise-absorption components to the automotive industry is to close its Essex plant and transfer operations to mainland Europe. Trelleborg Automotive at West Thurrock will close by the end of 2007 with the loss of 150 jobs. The Swedish company announced the closure on Tuesday in Stockholm saying it would cost about 11 million GBP. A company spokesman said transferring operations to Europe would generate annual profits of 3.2 million GBP from 2008. He also said the company was in consultation with an employee committee about job losses and measures to find alternative employment within the Trelleborg Group or with other firms. A sales operation is to remain in the UK.
Sources
6 February 2007: BBC Website
Citation
Eurofound (2007), Trelleborg Automotive, Offshoring/Delocalisation in United Kingdom, factsheet number 64911, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64911.
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