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 Furniture And Other Manufacturing Other Manufacturing 32.50 - Manufacture of medical and dental instruments and supplies
100 jobs Number of planned job creations
Announcement Date
9 September 2019
Employment effect (start)
1 February 2020
Foreseen end date
Description
Orthopaedic implants design and manufacturing company Orthoplastics announced its plans to open a new site in Rossendale, Lancashire. The business expansion is expected to result in the creation of 100 new job positions from February 2020. The site is planned to become a centre of excellence for the company and it will help to drive forward the global growth plans of the company. According to the management, there is huge potential for innovation and growth within the orthopaedic sector by means of innovating technologies and materials to increase the lifespan of implants.
Eurofound (2019), Orthoplastics, Business expansion in United Kingdom, factsheet number 98623, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98623.
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