Lincoln CZ

Type
Business expansion
Country
Czechia
Region
Česko; Jihozápad; Plzeňský kraj
Location of affected unit(s)
Chodov
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.9 - Manufacture of other special-purpose machinery
28.99 - Manufacture of other special-purpose machinery n.e.c.
200 jobs
Number of planned job creations
Job creation
Announcement Date
26 November 2014
Employment effect (start)
26 November 2014
Foreseen end date

Description

Lincoln CZ, a lubricating oil systems producer, is to create 200 new jobs with the opening of a new manufacturing hall at its Chodov site. The company has invested CZK 300 million to a new environmentally friendly building which gained international certification LEED Platinum.

Swedish parent company SKF started operation at Chodov site in 1995 and currently employs 300 people.

Globally, SKF has 48,000 employees in 130 countries worldwide.

Sources

  • 26 November 2014: Hospodárske noviny
  • 19 November 2014: SKF (Press Release)

Citation

Eurofound (2014), Lincoln CZ, Business expansion in Czechia, factsheet number 77917, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77917.