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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
New offshoring locations
Romania
520 jobs Number of planned job losses
Announcement Date
4 August 2017
Employment effect (start)
Foreseen end date
Description
Delphi Diesel Systems, an engineering company based in Sudbury, Suffolk, has announced that it is to wind down its operations towards an eventual closure sometime in 2020, resulting in a loss of 520 jobs. The US owned business which manufactures fuel injectors and filters for commercial diesel vehicles will move its production to Romania in order to minimise labour costs. It is being reported that the first 50 jobs will be cut before Christmas 2017. Union representatives have condemned the decision, pointing to the fact that the site still produces healthy profits.
Sources
4 August 2017: BBC Website
4 August 2017: East Anglian Daily Times
Citation
Eurofound (2017), Delphi Diesel Systems, Offshoring/Delocalisation in United Kingdom, factsheet number 91726, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91726.
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