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.
East Midlands; Derbyshire and Nottinghamshire; Nottingham
Location of affected unit(s)
Worksop
Sector
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
New offshoring locations
Brazil
190 jobs Number of planned job losses
Announcement Date
5 December 2006
Employment effect (start)
Foreseen end date
Description
A Nottinghamshire tool factory appears set to close, and 190 jobs are likely to be lost with the closure, as it was announced on 5 December 2006. Management want to close the Dormer Tool plant on Shireoaks Road, Worksop, and move production to Brazil. Union representatives have travelled to Sweden to lobby senior executives of the parent company Sandvik Tools in an attempt to save the jobs. Staff say the decision is a 'massive blow' and they cannot understand the decision to close the factory given current levels of productivity.
Sources
5 December 2006: BBC News
Citation
Eurofound (2006), Dormer Tool, Offshoring/Delocalisation in United Kingdom, factsheet number 64566, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64566.
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