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.
Manufacturing (24 - 25) Manufacture of metals 24.4 - Manufacture of basic precious and other non-ferrous metals 24.42 - Aluminium production
140 jobs Number of planned job losses
Announcement Date
29 November 2010
Employment effect (start)
Foreseen end date
29 November 2010
Description
Glamalco, a company that employed people to make and install aluminium materials in the construction industry, has announced 140 redundancies before going into administration. The Cardiff-based company had been trading for almost 40 years had 156 staff across three sites in Cardiff, Andover in Hampshire and Redditch in Worcestershire.
Sources
29 November 2010: BBC Website
Citation
Eurofound (2010), Glamalco, Bankruptcy in United Kingdom, factsheet number 71498, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71498.