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 Of Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.2 - Manufacture of products of wood, cork, straw and plaiting materials
163 jobs Number of planned job losses
Announcement Date
3 July 2014
Employment effect (start)
2 July 2014
Foreseen end date
Description
Woodbury Brothers and Haines, a family business that designed and made furniture located in Highbridge in Somerset has gone into administration. After unsuccessful attempts by the administrators to find a suitable buyer, the majority of employees were made redundant. The bankruptcy resulted in 163 of the total workforce of 175 losing their jobs.
Woodbury Brothers and Haines operated in Highbridge as a family business since 1949. The company began by supplying local schools with furniture and during the 1960s the furniture makers were responsible for developing a new process of wood veneering. The furniture maker was one of the largest employers in the local area.
Eurofound (2014), Woodbury Brothers and Haines, Bankruptcy in United Kingdom, factsheet number 77286, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77286.
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