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.
Yorkshire and the Humber; North Yorkshire; North Yorkshire CC
Location of affected unit(s)
Billingham
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.89 - Manufacture of other food products n.e.c.
300 jobs Number of planned job creations
Announcement Date
24 July 2017
Employment effect (start)
Foreseen end date
31 July 2022
Description
Food manufacturer Quorn has announced plans to create 300 new jobs as demand for its products continues to rise as customers seek to reduce meat consumption. The meat substitute producer will invest GBP 150 million (€167 million) to double production at its main site in Billingham, Teesside. The jobs will be added over a five year period and will bring the worldwide headcount to approximately 950 workers. A spokesperson for the company commented that it expected that business would continue to grow whatever the outcome of forthcoming negotiations on Brexit.
Sources
24 July 2017: BBC Website
Citation
Eurofound (2017), Quorn, Business expansion in United Kingdom, factsheet number 91652, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91652.
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