McLaren

Type
Reshoring
Country
United Kingdom
Reshoring from
Austria
Reshored business function
Production
Region
Yorkshire and The Humber; South Yorkshire; Sheffield
Location of affected unit(s)
Sheffield
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29 - Manufacture of motor vehicles, trailers and semi-trailers
29 - Manufacture of motor vehicles, trailers and semi-trailers
200 jobs
Number of planned job creations
Job creation
Announcement Date
8 February 2017
Employment effect (start)
1 January 2017
Foreseen end date
1 December 2020

Description

McLaren is an multinational automotive company based in UK. In 2017, the company invested around  £50 million in a new plant in Sheffield (UK) where it relocated the production of carbon-fibre “tubs” earlier offshored to Austria. The decision will create around 200 new job positions by 2020. The main reasons for relocation decision were the higher control over the manufacturing processes, and the protection from any tariffs related to the imminent Brexit.

Sources

Citation

Eurofound (2017), McLaren, Reshoring in United Kingdom, factsheet number 44, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/44.