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.
East Midlands (England); Derbyshire and Nottinghamshire; South and West Derbyshire
Location of affected unit(s)
Ripley
Sector
Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
170 jobs Number of planned job losses
Announcement Date
13 May 2009
Employment effect (start)
Foreseen end date
Description
Airfoil Technologies International has announced plans to shut down its plant in Ripley making 170 employees redundant. The job cuts were blamed on the downturn in the aviation industry. As of 17 May 2009 no date has been given for the implementation of the redundancies.
Sources
13 May 2009: BBC News
Citation
Eurofound (2009), Airfoil Technologies International, Closure in United Kingdom, factsheet number 68907, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68907.