Hella Manufacturing Ltd

Type
Closure
Country
United Kingdom
Region
North East (England); Tees Valley; Hartlepool and Stockton-on-Tees
Location of affected unit(s)
Banbury
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
450 jobs
Number of planned job losses
Job loss
Announcement Date
26 December 2006
Employment effect (start)
31 December 2006
Foreseen end date
30 September 2007

Description

The loss of hundreds of jobs at a manufacturing plant in Oxfordshire is expected to be officially announced.

German-based Hella Manufacturing Ltd, which produces car lights, announced plans to close the Banbury factory, with the loss of 450 jobs in September.

A 90-day employee consultation period has now ended and the firm plans to relocate its operation to eastern Europe in the new year.

Hella Manufacturing Ltd, which supplies Honda, Jaguar and Nissan, has said it is making the UK cuts as it responds to falling automotive retail prices and increases in both energy and material costs.

Sources

  • 26 December 2006: BBC Website

Citation

Eurofound (2006), Hella Manufacturing Ltd, Closure in United Kingdom, factsheet number 64679, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64679.