Jeld-Wen

Type
Business expansion
Country
Estonia
Region
Eesti; Eesti; Kesk-Eesti
Location of affected unit(s)
Rakvere
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
16.23 - Manufacture of other builders' carpentry and joinery
160 jobs
Number of planned job creations
Job creation
Announcement Date
31 May 2021
Employment effect (start)
1 June 2021
Foreseen end date
30 June 2021

Description

Jeld-Wen, a company manufacturing wooden doors and related products, plans to increase its production volume by a third in 2021. Despite the COVID-19 pandemic, the company has managed to strengthen their market position and find new clients. To meet the demand, they have decided to rearrange their work processes and thus as of June 2021, a 12-hour work schedule will be introduced in the factory. This requires the recruitment of additional 160 employees as soon as possible, which is unusual and positive news for the region, where 2,000 persons are currently registered as unemployed.

For previous restructuring events, see Jeld-Wen2014-SE, Jeld-Wen2008-SE.

Sources

Citation

Eurofound (2021), Jeld-Wen, Business expansion in Estonia, factsheet number 104869, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104869.