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 32.4 - Manufacture Of Games And Toys
No information on job gains number available
Announcement Date
24 January 2015
Employment effect (start)
1 January 2014
Foreseen end date
1 December 2015
Description
Marklin is a German producer of toys, famous for producing toy locomotives. In recent years the company has aimed to save costs by adopting offshoring strategies to China. However, in 2014 and 2015 it invested in the German plant in Göppingen, in order to backshore production. Sources are not clear regarding the number of new jobs created through the backshoring. Moreover, sources do not clarify the exact motivations behind the backshoring, however a generic claim regarding access to higher quality goods has been cited.
Sources
26 August 2015: KPMG press release
24 January 2015: NWZ
Citation
Eurofound (2015), Marklin, Reshoring in Germany, factsheet number 201, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201.
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