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
Czechia, Luxembourg, Canada
196 jobs Number of planned job losses
Announcement Date
8 March 2019
Employment effect (start)
8 March 2019
Foreseen end date
31 December 2019
Description
Husky-KTW, an international manufacturer of injection moulding systems and machines, with headquarters in Bolton, Canada, has announced plans to close its plant in Waidhofen an der Thaya, Lower Austria, by the end of 2019. From the 240 employees on the site, the closure will probably affect the 196 people working in production. The company will transfer production to its plants in the Czech Republic, Luxembourg and Canada, but will keep a service centre with 30 to 40 employees in Waidhofen. Negotiations between management and works council regarding a comprehensive social plan including a labour foundation are underway.
Eurofound (2019), Husky-KTW, Offshoring/Delocalisation in Austria, factsheet number 97362, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97362.
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