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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13.93 - Manufacture of carpets and rugs
109 jobs Number of planned job losses
Announcement Date
23 May 2008
Employment effect (start)
1 June 2008
Foreseen end date
31 December 2008
Description
Beaulieu International intends to close its custom-made carpet manufacturing plant located in Wielsbeke, West-Vlaanderen with a loss of 109 jobs. The management of the group explained its decision by huge losses due to competition with firms from Asia or the Middle-East and the increasing cost of rough materials.
Eurofound (2008), Beaulieu International, Closure in Belgium, factsheet number 66657, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66657.
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