Alcoa Howmet

Type
Internal restructuring
Country
United Kingdom
Region
South West (England); Devon; Devon CC
Location of affected unit(s)
Exeter
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30 - Manufacture of other transport equipment
30 - Manufacture of other transport equipment
95 jobs
Number of planned job losses
Job loss
Announcement Date
18 January 2010
Employment effect (start)
Foreseen end date

Description

Turbine blade maker Alcoa Howmet announced plans to cut 95 jobs in Exeter. The cuts were blamed on the recession and they were considered essential in order to ensure the long-term future of the plant. As of 25 January 2010 there is no further information on the case.

Sources

  • 18 January 2010: BBC News

Citation

Eurofound (2010), Alcoa Howmet, Internal restructuring in United Kingdom, factsheet number 70088, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70088.