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.
South East (England); Berkshire, Buckinghamshire and Oxfordshire; Buckinghamshire
Location of affected unit(s)
Coleshill
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
100 jobs Number of planned job creations
Announcement Date
8 April 2012
Employment effect (start)
8 April 2012
Foreseen end date
31 December 2013
Description
Automotive parts supplier Sertec will create 100 new jobs in Coleshill, UK, over the next 18 months. The company relies on Jaguar Land Rover for 70% for its turnover and was strongly affected by the crisis in the automotive sector.
Now the company is expanding again, benefiting from JLR's recovery from recession.
Sources
8 April 2012: Birmingham Post
Citation
Eurofound (2012), Sertec, Business expansion in United Kingdom, factsheet number 73610, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73610.