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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
70 jobs Number of planned job creations
Announcement Date
25 November 2013
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2014
Description
German crankshaft producer Feuer-Powertrain is to create between 50 and 70 jobs in Nordhausen (Thuringia) in 2014. This is due to business expansion.
Currently, the company employs 520 people in 5 production sites in Nordhausen. On the long term, this number shall rise to 750 jobs. Further sites are to be opened in Tunica (Mississippi, USA) and China.
Sources
25 November 2013: Thüringer Allgemeine
Citation
Eurofound (2013), Feuer Powertrain, Business expansion in Germany, factsheet number 76236, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76236.
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