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.
South West; Gloucestershire; Wiltshire and North Somerset
Location of affected unit(s)
Gloucester
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.20 - Manufacture of batteries and accumulators
170 jobs Number of planned job creations
Announcement Date
3 October 2017
Employment effect (start)
Foreseen end date
Description
TBS Engineering has started work on a new facility based at Gloucester Business Park. The company, which is involved in the manufacture of batteries, will create 170 new jobs when the site is fully operational. The types of jobs which will be available has not been reported. The development will comprise 80,000 square feet of manufacturing space and 20,000 square feet of office space and it is expected to be completed in Spring 2018. The new site will also be the global headquarters for the business.
Sources
5 October 2017: Gloucestershire Live
3 October 2017: South West Business
Citation
Eurofound (2017), TBS Engineering, Business expansion in United Kingdom, factsheet number 92321, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92321.
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