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.
West Midlands; Herefordshire; Worcestershire and Warwickshire
Location of affected unit(s)
Stratford-upon-Avon, Bidford, Long Marston
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
New offshoring locations
India, China, Czechia
345 jobs Number of planned job losses
Announcement Date
4 November 2008
Employment effect (start)
Foreseen end date
31 December 2008
Description
Precision Antennas, a manufacturer and supplier of satellite antennas and member of American manufacturing firm Commscope, is to cut 345 jobs. The company will close its Stratford-upon-Avon, Bidford and Long Marston sites by 2008 and will offshore manufacturing to India, China and the Chech Republic in order to cut costs.
Sources
5 November 2008: BBC News UK
Citation
Eurofound (2008), Precision Antennas, Offshoring/Delocalisation in United Kingdom, factsheet number 67352, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67352.
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