Type
Closure
Country
Spain
Region
Location of affected unit(s)
El Ejido (Almeria) and Torrent (Valencia)
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Rubber And Plastic Products
22.2 - Manufacture of plastic products

225 jobs
Number of planned job losses
Job loss
Announcement Date
10 February 2012
Employment effect (start)
Foreseen end date
17 February 2012

Description

Spanish manufacturer of plastic for greenhouses Inversiones Plasticas TPM Agricola is to close and start the liquidity procedure. The decision will involve 225 redundancies as of 17 February 2012. The restructuring will affect the plant in El Ejido in Almeria (153 employees) and the other in Torrent nearby Valencia (72 employees).


Sources

  • 10 February 2012: Expansión

Citation

Eurofound (2012), Inversiones Plasticas TPM Agricola, Closure in Spain, factsheet number 73335, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73335.