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.
Région Wallonne; Prov. Brabant Wallon; Arr. Nivelles
Location of affected unit(s)
Nivelles
Sector
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.99 - Manufacture of other special-purpose machinery n.e.c.
New offshoring locations
Various Locations
107 jobs Number of planned job losses
Announcement Date
22 June 2017
Employment effect (start)
Foreseen end date
Description
3M an American multinational conglomerate has announced the closure of the Nivelles facility of its subsidiary Wendt Boart, a producer of diamond processing tools. The main reasoning behind the closure is a large operation of the company to move several of its facilities to Asia. Other facilities in European countries are affected as well, namely in: Italy, France, Germany, Sweden and the UK. The mandatory Renault procedure has started, to see if there are other options available for the dismissed employees instead of direct dismissal. 3M employs 700 people across three facilities in Belgium - Nivelles, Diegem and Zwijndrecht - and 89,000 worldwide.
Sources
: De Tijd
22 June 2017: HLN
22 June 2017: De Tijd
Citation
Eurofound (2017), Wendt Boart, Offshoring/Delocalisation in Belgium, factsheet number 91340, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91340.
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