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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.12 - Manufacture of loaded electronic boards
200 jobs Number of planned job creations
Announcement Date
30 June 2022
Employment effect (start)
1 July 2022
Foreseen end date
1 January 2025
Description
The All Circuits group has just inaugurated the extension of its MSL Circuits subsidiary site in Meung-sur-Loire (Loiret) and has announced the recruitment of 200 people by 2025. New hires will mainly be for production and production management positions and the workforce will be increased from 600 to 800.
All Circuits is a group operating in the electronics sector. It has sites in France, in Angers (design office) and Bayonne, as well as in Tunisia and Mexico and employs 2,000 people worldwide. The new electronic board assembly plant at its Meung-sur-Loire site required an investment of around €25 million. All Circuits is a supplier to Valeo, Renault and Stellantis, among others. The group has received double support from the national recovery plan: firstly, from 2020, for the construction of the building, and then recently for the acquisition of three new production lines, which will be installed by 2024. All Circuits has obtained €1.6 million from the State and EU funds for the relocation of industrial activities.
Eurofound (2022), MSL Circuits, Business expansion in France, factsheet number 107051, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107051.
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