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; North Eastern Scotland; Aberdeen City and Aberdeenshire
Location of affected unit(s)
Inverurie
Sector
Manufacturing (16 - 17) Manufacture of wood and paper materials 17 - Manufacture of paper and paper products 17 - Manufacture of paper and paper products
350 jobs Number of planned job losses
Announcement Date
17 February 2009
Employment effect (start)
17 February 2009
Foreseen end date
31 March 2009
Description
International Paper, a paper manufacturer, has announced that it is to close its paper mill at Inverurie in Aberdeenshire with the loss of all 350 jobs. The mill is to be closed by the company because of financial reasons, and will be shut by the end of March.
Sources
17 February 2009: BBC News
Citation
Eurofound (2009), International Paper, Closure in United Kingdom, factsheet number 68286, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68286.