GE Plastics

Type
Offshoring/Delocalisation
Country
France
Region
Hauts-de-France; Picardie; Oise
Location of affected unit(s)
Villers-Saint-Sépulcre
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22 - 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
Job loss
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://apps.eurofound.europa.eu/restructuring-events/detail/66014.