Restructuring events
European Restructuring Monitor (ERM)
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.
The US-based producer of synthetic fiber Universal Fibers has announced that it will create 250 jobs at its newly opened factory in Gorzów Wielkopolski, Poland, within the next years. The company has invested PLN 30.14 million (€7.07 million) in the factory equipment. The unit is also expected to be the main company’s distribution centre in Europe. The unit will specialise in the production of synthetic fiber for car upholstery, covering and carpets.
Universal Fibers is one of the global largest synthetic fiber manufacturer. The company was founded in 1969 in the USA.
Eurofound (2019), Universal Fibers, Business expansion in Poland, factsheet number 97791, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97791.