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.
Northern Ireland; Northern Ireland; Derry City and Strabane
Location of affected unit(s)
Derry
Sector
Manufacturing (28) Manufacture of machinery and equipment 28.9 - Manufacture of other special-purpose machinery 28.99 - Manufacture of other special-purpose machinery n.e.c.
100 jobs Number of planned job creations
Announcement Date
7 March 2019
Employment effect (start)
Foreseen end date
Description
Engineering company Terex has announced plans to open a new site in Derry, Northern Ireland, which will result in the creation of 100 jobs. The development is being supported by a grant of close to one million GBP (€1.16 million) from Invest NI. The business will manufacture equipment used in the waste management and recycling sectors. Roles on offer at the factory include research and development positions, management jobs and production operatives. The site will be operational some time in 2019 with the jobs being filled over a three to four year period.
Eurofound (2019), Terex, Business expansion in United Kingdom, factsheet number 97397, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97397.