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.
Northern Ireland; Northern Ireland; Derry City and Strabane
Location of affected unit(s)
Sion Mills
Sector
Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 13.1 - Preparation and spinning of textile fibres 13.1 - Preparation and spinning of textile fibres
New offshoring locations
South Africa
270 jobs Number of planned job losses
Announcement Date
20 February 2004
Employment effect (start)
Foreseen end date
Description
270 workers are to lose their jobs with the closure of the 170-year-old spinning mill operated by Herdman's in Sion Mills, Co Tyrone, Northern Ireland. The company recently opened a plant in South Africa and it is expected production will be transferred there.
Sources
20 February 2004: RTE news
Citation
Eurofound (2004), Herdman's, Offshoring/Delocalisation in United Kingdom, factsheet number 60077, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60077.