Linpac Automotive

Type
Bankruptcy
Country
Belgium
Region
Vlaams Gewest; Prov. Limburg (BE); Arr. Maaseik
Location of affected unit(s)
Overpelt
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
235 jobs
Number of planned job losses
Job loss
Announcement Date
7 March 2003
Employment effect (start)
1 March 2003
Foreseen end date
1 March 2003

Description

The Belgian plant of Overpelt will be closed during 2003 with a job loss of 235 people. The company filed for bankruptcy after facing financial difficulties due to the loss of a long-term contract with Ford.

Sources

  • 16 June 2003: PlasterEurope

Citation

Eurofound (2003), Linpac Automotive, Bankruptcy in Belgium, factsheet number 60065, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60065.