GT Group

Type
Business expansion
Country
United Kingdom
Region
North East (England); Northumberland, Durham and Tyne & Wear; Durham
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
200 jobs
Number of planned job creations
Job creation
Announcement Date
23 May 2011
Employment effect (start)
Foreseen end date
31 May 2014

Description

Engineering firm GT Group said announced that it is to increase the size of its workshop by 200 posts over the next 3 years. The move follows a deal to supply parts for new diesel engines with Russian giant GAZ. The jobs will cover a range of areas of the business including research, design, manufacture and engineering.

Sources

  • 23 May 2011: BBC Website

Citation

Eurofound (2011), GT Group, Business expansion in United Kingdom, factsheet number 72015, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72015.