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 Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
330 jobs Number of planned job losses
Announcement Date
22 January 2004
Employment effect (start)
Foreseen end date
Description
Albany International announced a restructuring plan involving its facilities in Dieren (Netherlands) and Bury (Lancashire, England). This is part of the company's continuing effort to match capacity to the demand for paper machine clothing.
At the Bury facility, it should affect up to 50 of the 130 people employed. At the Dieren operations, all manufacturing would be discontinued and would affect approximately 280 employees. The proposal is subject to review under local law and would be carried out in consultation with the works councils and trade unions.
Sources
22 January 2004: De Financiële Telegraaf
22 January 2004: Albany International - Press releases
Citation
Eurofound (2004), Albany International, Internal restructuring in World, factsheet number 58868, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58868.
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