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.
Scotland; Highlands and Islands; Eilean Siar (Western Isles)
Location of affected unit(s)
Marybank
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
130 jobs Number of planned job losses
Announcement Date
27 November 2008
Employment effect (start)
27 November 2008
Foreseen end date
31 December 2008
Description
Lighthouse Caledonia, a fish processing company, has announced the closure of its plant at Marybank, near Stornaway, with the loss of 130 jobs. According to the BBC, Western Isles MP Angus MacNeil had stated that 'the company was in a weak financial position with a lot of debt’ and the company had also recently been fined GBP12000 for a fuel leak. The plant will be closed by the end of 2008.
Sources
27 November 2008: BBC News
Citation
Eurofound (2008), Lighthouse Caledonia, Closure in United Kingdom, factsheet number 67524, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67524.
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