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.
Yorkshire and the Humber; East Riding and North Lincolnshire; Kingston upon Hull
Location of affected unit(s)
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
131 jobs Number of planned job losses
Announcement Date
17 October 2005
Employment effect (start)
Foreseen end date
31 March 2006
Description
Young's Bluecrest Seafood Ltd (YBS) is to close one of its factories in Hull with the loss of 131 jobs. The seafood company intends transferring production of smoked fish from the Liverpool Street plant to Fraserburgh in Scotland. The company said it needs to make the move to remain competitive and the factory will close at the end of March. YBS acquired the two factories in Hull when it bought Marr Foods in 2003. It employs some 3,000 people on both sides of the Humber, 2,500 of them in Grimsby where the business has its headquarters. It has more than 1,500 staff in Scotland.
Sources
17 October 2005: BBC News
Citation
Eurofound (2005), Young's Bluecrest Seafood, Closure in United Kingdom, factsheet number 62412, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62412.
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