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.
Scotland; South Western Scotland; East and West Dunbartonshire
Location of affected unit(s)
Vale of Leven
Sector
Manufacturing Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.5 - Manufacture of medical and dental instruments and supplies
New offshoring locations
107 - 110 jobs Number of planned job losses
Announcement Date
9 February 2016
Employment effect (start)
1 April 2017
Foreseen end date
30 June 2017
Description
An optical manufacturer, Polaroid Eyewear, based west of Glasgow in Scotland will close resulting in the loss of 107 jobs. The factory is in the Vale of Leven in Western Scotland and is owned by an Italian parent company, Safilo who has decided to offshore the production to China. The site opened in 1965 and at its height it employed 5,000 people. The site manufactured polarising lenses and also served as the base for the company’s European research centre. Official consultation has commenced with staff with the site due to close by Spring 2017.
Sources
9 February 2016: BBC News Scotland
9 February 2016: The Daily Record
Citation
Eurofound (2016), Polaroid Eyewear, Offshoring/Delocalisation in United Kingdom, factsheet number 86486, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86486.
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