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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.11 - Manufacture of metal structures and parts of structures
100 jobs Number of planned job creations
Announcement Date
28 February 2017
Employment effect (start)
28 February 2017
Foreseen end date
31 December 2017
Description
TCG Unitech, Austrian supplier for the automotive industry, with headquarters in Kirchdorf, Upper Austria, will create 100 new jobs.
The company specialises in high pressure casting and injection moulding and has seen a constant increase in turnover resulting in the planned business expansions. In 2017 €40 million will be invested in expanding the three production sites in Upper Austria.
Currently TCG Unitech is employing 1,033 people (including apprentices). The most important customers are Volkswagen, Audi, BMW and Bosch.
Sources
28 February 2017: OÖ Nachrichten
Citation
Eurofound (2017), TCG Unitech, Business expansion in Austria, factsheet number 90429, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90429.
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