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.
North East; Northumberland and Tyne and Wear; Sunderland
Location of affected unit(s)
Sunderland
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
100 jobs Number of planned job creations
Announcement Date
24 March 2015
Employment effect (start)
Foreseen end date
Description
Sunderland based manufacturer Lear Corporation has announced that it is to create over 100 new jobs at its site on the Rainton Bridge industrial estate.
The move follows an expansion of its premises which is expected to be completed in the summer of 2015; the new vacancies are expected to be filled shortly after the extension is open.
The company manufactures foam seating for cars. The expansion will double the production capacity meaning that 600,000 seats can be produced annually. The announcement of these new jobs coincided with news of other job creation at the industrial estate.
Sources
24 March 2015: Sunderland Echo
Citation
Eurofound (2015), Lear, Business expansion in United Kingdom, factsheet number 79191, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79191.
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