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.
Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
New offshoring locations
Hungary
175 jobs Number of planned job losses
Announcement Date
3 May 2013
Employment effect (start)
3 May 2013
Foreseen end date
31 December 2013
Description
MTD, US-based manufacturer of motorized gardening equipment, will make 175 people redundant by closing its site in Saarbrücken (Saarland) and offshoring production to Hungary. This is due to weak utilization.
MTD employs 415 people in Saarbrücken; 240 of them work for the administration and will not be relocated.
Sources
3 May 2013: Saarbrücker Zeitung (online)
Citation
Eurofound (2013), MTD, Offshoring/Delocalisation in Germany, factsheet number 75418, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75418.