Incap Oyj

Type
Offshoring/Delocalisation
Country
Finland
Region
Manner-Suomi; Pohjois- ja Itä-Suomi; Kainuu
Location of affected unit(s)
Vuokatti
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
New offshoring locations
Estonia
124 jobs
Number of planned job losses
Job loss
Announcement Date
12 April 2010
Employment effect (start)
17 March 2010
Foreseen end date
31 December 2010

Description

Finnish electronics maker Incap Oyj is to cut a total of 124 jobs in its Vuokatti factory due to its decision to wind up the unit this year. Incap will transfer the plant's production to Estonia. The company estimates that the concentration of its European electronics manufacturing into one unit will bring savings of some EUR 3m in 2011.

Sources

Citation

Eurofound (2010), Incap Oyj, Offshoring/Delocalisation in Finland, factsheet number 70416, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70416.