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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23 - Manufacture of other non-metallic mineral products
100 jobs Number of planned job creations
Announcement Date
3 October 2007
Employment effect (start)
Foreseen end date
Description
Tobermore, a firm that produces concrete products, is to create 100 new jobs with the development of a new site in Londonderry. The new factory will produce paving stones and bricks for use in landscaping, and will involve an investment of 10 million GBP. Managing Director David Henderson said that the firm had benefited from the recent boom in the UK construction sector. He stated:
‘Our sales have doubled in the last three years… For about seven years in a row now our sales have been rising by 25 to 30 per cent a year which is a phenomenal level of growth to sustain.’
As of October 2007, there is no further information on when production at the new site will commence.
Sources
3 October 2007: BBC News
Citation
Eurofound (2007), Tobermore, Business expansion in United Kingdom, factsheet number 65889, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65889.
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