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.
An engineering company specialising in manufacturing equipment for oil and gas drilling rigs has announced the creation of 140 jobs in Longford town, in the Irish midlands region. Cameron Ireland plans to invest €15 million in its existing midlands plant, which currently employs about 220 people, as part of a five-year expansion plan.
Cameron Ireland has bene located in Longford since 1978. It is owned by Cameron International Corporation, which designs and manufactures products for the oil and gas industry, and employs 12,400 people globally.
Eurofound (2008), Cameron Ireland, Business expansion in Ireland, factsheet number 66514, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66514.