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.
Wales; South East Wales; Cardiff and Vale of Glamorgan
Location of affected unit(s)
Blackburn
Sector
Manufacturing (16 - 17) Manufacture of wood and paper materials 17 - Manufacture of paper and paper products 17 - Manufacture of paper and paper products
120 jobs Number of planned job losses
Announcement Date
5 August 2008
Employment effect (start)
5 August 2008
Foreseen end date
Description
Sappi Europe has announced that it is to close its Lancashire paper mill with the loss of 120 jobs. The closure follows a review by the company of its production activities in Europe. It has blamed the move on the rising cost of energy and raw materials. Consultation with staff is underway.
Sources
5 August 2008: BBC Website
Citation
Eurofound (2008), Sappi Europe, Closure in United Kingdom, factsheet number 66946, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66946.