Gurit

Type
Offshoring/Delocalisation
Country
United Kingdom
Region
South East (England); Hampshire and Isle of Wight; Isle of Wight
Location of affected unit(s)
Newport, Isle of Wight
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.9 - Manufacture of abrasive products and non-metallic mineral products n.e.c.
23.99 - Manufacture of other non-metallic mineral products n.e.c.
New offshoring locations
Spain
70 jobs
Number of planned job losses
Job loss
Announcement Date
3 October 2017
Employment effect (start)
Foreseen end date

Description

Gurit, a company which manufactures composite material for use in wind turbines, boats and cars, has announced that it will transfer it manufacture from Newport (UK) to Spain, resulting in the loss of 70 jobs. The decision has been taken due to changes in the production process by the firm's customers in the wind turbine industry, who have switched to different manufacturing methods. Gurit has confirmed that other parts of the UK business will not be affected and investment will continue at the site which employs around 300 staff. Some production of turbine composites will continue though from Summer 2018 this will be at the company's site in Spain.

Sources

  • 3 October 2017: BBC Website

Citation

Eurofound (2017), Gurit, Offshoring/Delocalisation in United Kingdom, factsheet number 92318, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92318.