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.
Battery manufacturer Duracell has announced that it is to close its plant in Wrexham, North Wales with the loss of 109 jobs. The company, which employs 109 staff on site, manufactures batteries for hearing aids. It plans to transfer the work to a new partner company. A spokesman said it would work closely with affected employees over the closure. Duracell said in a statement:
'After careful consideration, it has been decided that the best strategy for continued success in the hearing aid market is for Duracell to partner with a qualified third party for manufacturing.'
'This approach will enable the company to more quickly and efficiently deliver a broader and deeper range of batteries for hearing impaired consumers.'
The firm said it would 'work closely' with workers at the plant in Ash Road on the Wrexham industrial estate 'to support and help prepare them for the transition ahead.' The factory is expected to completely close by the end of summer 2007.
Eurofound (2006), Duracell, Outsourcing in United Kingdom, factsheet number 64126, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64126.