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.
Sanmina-SCI Tourlaville, a firm that manufactures metal components for the telecommunications sector, is to close its site in Cherbourg with the loss of 300 jobs. The Cherbourg site will close by the end of March 2008, and production at the site will be ‘offshored’ to Hungary and Thailand. Sanmina-SCI Corp, the parent company of Sanmina-SCI Tourlaville, has attributed the decision to close the site to increased competition, an increase in costs, and a decline in global demand.
Eurofound (2007), Sanmina-SCI Tourlaville, Offshoring/Delocalisation in France, factsheet number 66016, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66016.