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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.40 - Manufacture of consumer electronics
New offshoring locations
Mexico
140 jobs Number of planned job losses
Announcement Date
22 January 2015
Employment effect (start)
1 April 2015
Foreseen end date
30 April 2015
Description
Audio equipment manufacturer Bose has announced that its plant in Co Monaghan is to close, with the expected loss of 140 jobs.
The manufacturing functions of the plant are understood to be transferring to Asia and Mexico.
SIPTU, the sole union at the facility, is seeking at least an extension of time before the plant closes operations in April. The union is meeting senior management, as well as management officials from the company's USA base, on January 29, 2015.
The Bose plant opened in Ireland in 1978.
Sources
22 January 2015: The Irish Times
23 January 2015: Irish Independent
22 January 2015: Irish Examiner
22 January 2015: RTE
Citation
Eurofound (2015), Bose , Offshoring/Delocalisation in Ireland, factsheet number 78203, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78203.
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