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)
Wearside
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.10 - Manufacture of motor vehicles
300 jobs Number of planned job creations
Announcement Date
10 June 2015
Employment effect (start)
10 June 2015
Foreseen end date
31 December 2015
Description
Car manufacturer Nissan announced plans to expand its workforce by 300 new jobs. The manufacturing plant is based in Wearside, Sunderland in North East England. The company has commenced recruitment in preparation of making a new model, Infiniti Q30. Production is due to start this year. The company has said that £250 million (approx. €342 million) will be invested in the factory including installation of a new production line and body shop. The expansion will see Nissan’s workforce in the United Kingdom increase to 6,800 with the company estimating that a further 28,000 jobs in the supply will result. As part of its announcement, Nissan has said that it has been more than two decades since large scale manufacturing of a new car brand has be undertaken in the United Kingdom. The cars will be exported to China and North America.
Sources
10 June 2015: The Northern Echo
11 June 2015: BBC News
Citation
Eurofound (2015), Nissan, Business expansion in United Kingdom, factsheet number 83683, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83683.
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