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 26.7 - Manufacture Of Optical Instruments And Photographic Equipment
No information on job gains number available
Announcement Date
20 October 2017
Employment effect (start)
1 October 2017
Foreseen end date
Description
Manfrotto is an Italian company established in 1972 by the the press photographer Lino Manfrotto. The company offers accessories for photographers (e.g. lighting support equipment, camera stands). By 1989, it is part of the British "The Vitec Group Plc". In 2017, the company decided to launch a new camera stand in the Asian market leveraging on the "made in Italy" label. Therefore, it decided to produce the new product in a plant in Feltre (North East of Italy). Between 2014 and 2017, the company invested around 10 million in the Italian facility in order to support an high level of production automatization and organize production processes according the lean manufacturing philosophy. At the end of this process, in 2017 the company also back-shored in Italy some of the production realized in China .
Eurofound (2017), Manfrotto, Reshoring in Italy, factsheet number 34, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/34.
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