Type
Closure
Country
United Kingdom
Region
Yorkshire and the Humber; North Yorkshire; York
Location of affected unit(s)
York
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32.4 - Manufacture of games and toys

160 jobs
Number of planned job losses
Job loss
Announcement Date
2 December 2008
Employment effect (start)
2 December 2008
Foreseen end date
2 December 2008

Description

J A Magson, a toy and stationery manufacturer, has gone into administration with the loss of 160 jobs in York.The company blamed reduced demand for toys because of the current economic conditions and poor weather over the summer for its move into administration. As of 7 December 2008, a date has not yet been set for final closure of the firm.


Sources

  • 2 December 2008: BBC News

Citation

Eurofound (2008), J A Magson, Closure in United Kingdom, factsheet number 67584, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67584.