Restructuring events
European Restructuring Monitor (ERM)
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.
Warburtons, a large-scale producer of bread, has opened a new site in Newport that has created 200 new jobs. The new plant involved an investment of 10 million GBP and has the capacity to produce 150,000 loaves of bread a year. Management at the firm attributed the development of the new site to growing demand for the firm’s products. General manager David Williams stated:
‘We obviously had plans of how we would grow and where we would be and we are miles ahead of that and we are very very pleased… It's nice to be in a position where we are taking on so many people especially when in these areas, certainly in Gwent, there's been lots of industry leaving.’
Warburtons are based in Bolton and employ 4,200 at 24 sites in the UK.
Eurofound (2007), Warburtons, Business expansion in United Kingdom, factsheet number 65872, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65872.