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.
West Midlands; Shropshire and Staffordshire; Telford and Wrekin
Location of affected unit(s)
Priorslee
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
500 jobs Number of planned job losses
Announcement Date
8 August 2006
Employment effect (start)
1 November 2006
Foreseen end date
2 April 2007
Description
500 workers look set to lose their jobs after Celestica, an electronics equipment manufacturer, lost a major contract to make parts for a firm that supplies the Ministry of Defence. The 500 workers are employed at the firm's plant in Priorslee, Telford, and the 500 jobs include agency and permanent positions. A 90-day consultation period has started after staff were told that the plant could close by November. It has now been announced, on 12 October 2006, that Celestica will shut the site in Priorslee, Telford, on April 2007 and that jobs will be phased out gradually. Veronica Fletcher, a councillor for Priorslee, said she was 'completely shocked and devastated' by the news. She said: 'It will be a bitter blow for the whole of Telford and Wrekin.' Celestica previously closed its other UK plant at Kidsgrove, Staffordshire, with some staff moving to the Telford plant.
Sources
12 October 2006: BBC News
9 August 2006: BBC News
Citation
Eurofound (2006), Celestica, Closure in United Kingdom, factsheet number 63896, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63896.
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