Newcastle Production

Type
Bankruptcy
Country
United Kingdom
Region
North East (England); Northumberland, Durham and Tyne & Wear; Tyneside
Location of affected unit(s)
Longbenton
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10 - Manufacture of food products
10 - Manufacture of food products
359 jobs
Number of planned job losses
Job loss
Announcement Date
16 January 2009
Employment effect (start)
16 January 2009
Foreseen end date
16 January 2009

Description

Newcastle Production, a food manufacturing company, has closed its factory at Longbenton on Tyneside with the loss of all 359 jobs. The factory was seriously damaged by fire in early January 2009, and a week later announced that it had been placed into administration as a result of cash flow problems. The factory will not re-open.

Sources

  • 16 January 2009: BBC News

Citation

Eurofound (2009), Newcastle Production, Bankruptcy in United Kingdom, factsheet number 67839, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67839.