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.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
New offshoring locations
United Kingdom
235 jobs Number of planned job losses
Announcement Date
14 November 2007
Employment effect (start)
1 January 2008
Foreseen end date
30 April 2008
Description
GE Plastics, a firm that manufactures plastics, has announced that it is to close its Villers-Saint-Sépulcre plant with the loss of 235 jobs. The firm has stated that the closure is due to financial reasons, and has also said that the site will be closed between January 2008 and April 2008. The work carried out at the Villers-Saint-Sépulcre site will be transferred to another of the firm’s plants in Grangemouth in the UK. GE Plastics is a subsidiary of the U.S. group Sabics.
Sources
15 November 2007: Le Parisien
Citation
Eurofound (2007), GE Plastics, Offshoring/Delocalisation in France, factsheet number 66014, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66014.
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