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, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18.1 - Printing And Service Activities Related To Printing
No information on job gains number available
Announcement Date
21 January 2016
Employment effect (start)
1 January 2016
Foreseen end date
Description
Northern Flags is a UK based company belonging to the Faber Vlaggen Group. It produces fabric customized flags, banners and display. In 2008, it offshored the production activity its own plants in Poland and Thailand to take advantage of local low production costs. In 2016, it decided to back-shore production in its site in Leeds (UK) in order to reduce the delivery time and cope with the growing local demand. To reach such objectives, the plant was highly automated
Eurofound (2016), Northern Flags, Reshoring in United Kingdom, factsheet number 51, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/51.
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