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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
170 jobs Number of planned job losses
Announcement Date
7 April 2014
Employment effect (start)
8 April 2014
Foreseen end date
30 August 2014
Description
Global automotive components producer Johnson Controls is to close its automotive electronics manufacturing site in Remchingen, Germany. 170 permanent jobs are to be lost and the closure will affect also 40 temporary jobs. As reported, Visteon is to acquire the electronic division of Johnson Controls and is not any more willing to continue the production activities in Remchingen.
Sources
8 April 2014: Stuttgarter Zeitung
7 April 2014: Schwaebische
8 April 2014: pz-news
Citation
Eurofound (2014), Johnsons Controls, Closure in Germany, factsheet number 76862, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76862.
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