Restructuring events
European Restructuring Monitor (ERM)
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.
BOS Automotive Products, a German-owned car accessories firm, has warned that production at its Wrexham factory could end because of increasing competition from foreign imports. BOS say that possible redundancies pose a threat to the 140 staff as they are being undercut by suppliers in Eastern Europe and elsewhere. The plant on Wrexham's Industrial Estate opened ten years ago. The company makes sun shields, boot covers and other accessories and supplies manufacturers such as Land Rover, Jaguar and Toyota. The loss of Vauxhall Luton and MG Rover has also reduced demand for the company's products.
Eurofound (2006), BOS Automotive Products, Closure in United Kingdom, factsheet number 62800, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62800.