Restructuring events
European Restructuring Monitor (ERM)
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.
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.
Eurofound (2014), Schrader Electronics, Business expansion in United Kingdom, factsheet number 77002, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77002.