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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
New offshoring locations
Czechia
130 jobs Number of planned job losses
Announcement Date
2 April 2009
Employment effect (start)
Foreseen end date
Description
AVX electronics, an American-owned firm, is to shut down its Paignton plant in Devon transfering operations to Chech Republic. The closure will affect 130 posts. As of 6 April 2009 there is no information on when the job losses will occur.
Sources
2 April 2009: BBC News
Citation
Eurofound (2009), AVX, Offshoring/Delocalisation in United Kingdom, factsheet number 68663, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68663.