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 - Manufacture of machinery and equipment n.e.c.
241 jobs Number of planned job creations
Announcement Date
29 April 2014
Employment effect (start)
Foreseen end date
30 April 2017
Description
Northern Ireland based electronics company Schrader Electronics is creating 241 new jobs at its Carrickfergus and Antrim plants on the back of a £56M investment. Invest NI has offered nearly £10M of this, which is in part funded by the European Regional Development Fund. The company is known for its production of tyre pressure gauges for the automotive industry.
The 241 jobs will be filled over the next three years and are expected to offer high value employment for engineers.
Sources
29 April 2014: BBC Website
29 April 2014: Belfast Telegraph
Citation
Eurofound (2014), Schrader Electronics, Business expansion in United Kingdom, factsheet number 77002, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77002.
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