Parker Hannifin

Type
Closure
Country
United Kingdom
Region
East Midlands (England); Derbyshire and Nottinghamshire;
Location of affected unit(s)
Sector
Manufacturing
(24 - 25) Manufacture of metals
24 - Manufacture of basic metals
24 - Manufacture of basic metals
110 jobs
Number of planned job losses
Job loss
Announcement Date
1 October 2010
Employment effect (start)
Foreseen end date

Description

Manufacturing firm Parker Hannifin has announced plans to close its Derby plant with the loss of 110 jobs. The closure is blamed on"aggressive market competition" and the company has announced a 90-day consultation with staff and trade unions.

Sources

  • 1 October 2010: BBC News

Citation

Eurofound (2010), Parker Hannifin, Closure in United Kingdom, factsheet number 71000, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71000.