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 Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.1 - Manufacture of basic iron and steel and of ferro-alloys
100 jobs Number of planned job creations
Announcement Date
16 January 2019
Employment effect (start)
Foreseen end date
Description
Dyer Engineering, based in Stanley, County Durham, has announced plans to create 100 new jobs following an investment of nearly two million GBP (€2.2 million). The money has been raised from private sources as well as regional development money from the North East Development Fund and the Finance Durham Fund. The business manufactures metal components for use in various sectors and operates over two sites. There is no precise indication of when the new jobs are expected to be added, though the reports suggest that the investment is part of a long term development of the business.
Eurofound (2019), Dyer Engineering, Business expansion in United Kingdom, factsheet number 96669, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96669.
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