LAG trailers

Type
Internal restructuring
Country
Belgium
Region
Vlaams Gewest; Prov. Limburg (BE); Arr. Maaseik
Location of affected unit(s)
Bree
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.2 - Manufacture of bodies and coachwork for motor vehicles; manufacture of trailers and semi-trailers
29.2 - Manufacture of bodies and coachwork for motor vehicles; manufacture of trailers and semi-trailers
100 jobs
Number of planned job losses
Job loss
Announcement Date
20 October 2009
Employment effect (start)
Foreseen end date

Description

Management at LAG Trailers in Bree, a manufacturer of trailers and tanks, announced the cut of 100 out of 497 jobs. This was announced on 20 October. According to management, job cuts were necessary due to a sharp drop in sales of trailers by about 55% in 2009.

Sources

  • 21 October 2009: Het Belang van Limburg

Citation

Eurofound (2009), LAG trailers, Internal restructuring in Belgium, factsheet number 69980, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69980.