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.
West Midlands (England); Shropshire and Staffordshire; Staffordshire CC
Location of affected unit(s)
Blackwood
Sector
Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
124 jobs Number of planned job losses
Announcement Date
4 March 2009
Employment effect (start)
4 March 2009
Foreseen end date
31 December 2009
Description
Musashi Auto Parts, a manufacturer of car parts, is to close its plant in Blackwood, Caerphilly with the loss of all 124 jobs. The firm has been affected by reduced demand in the automotive sector. The plant will close by the end of 2009.
Sources
4 March 2009: BBC News
Citation
Eurofound (2009), Musashi Auto Parts, Closure in United Kingdom, factsheet number 68454, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68454.