Type
Internal restructuring
Country
United Kingdom
Region
West Midlands; West Midlands;
Location of affected unit(s)
Aldridge
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.5 - Casting of metals

130 jobs
Number of planned job losses
Job loss
Announcement Date
26 September 2008
Employment effect (start)
Foreseen end date

Description

Brass manufacturing firm Bolton Brass has announced that it is to cut 130 jobs. As of September 2008, there is no information on when the job cuts will be implemented by. The company says that the move is a result of a dramatic downturn in orders and the loss of one of its main accounts. The company is now to switch manufacturing from the UK to China to cut costs.


Sources

  • 26 September 2008: BBC Website

Citation

Eurofound (2008), Bolton Brass, Internal restructuring in United Kingdom, factsheet number 67196, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67196.