Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Conwy and Lancashire
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

196 jobs
Number of planned job losses
Job loss
Announcement Date
7 February 2013
Employment effect (start)
7 February 2013
Foreseen end date

Description

Quinton Hazell, a car parts manufacturing company, has gone into administration resulting in the loss of 196 jobs at two factories in Conwy and Lancashire. Administrators blamed the closure on the "prolonged, challenging trading conditions". A small number of staff will remain in order to help with the closure.


Sources

  • 7 February 2013: BBC News

Citation

Eurofound (2013), Quinton Hazell, Bankruptcy in United Kingdom, factsheet number 75017, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75017.