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.
North East (England); Northumberland, Durham and Tyne & Wear; Durham
Location of affected unit(s)
Peterlee
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.
150 jobs Number of planned job creations
Announcement Date
5 July 2011
Employment effect (start)
Foreseen end date
31 December 2011
Description
Heavy vehicle group Caterpillar has announced that it has created 50 permanent jobs and intends to create a further 100 before the end of the year. The company announced the job creation at the same time as plans to invest GBP 5mn in its Peterlee facility.
Sources
5 July 2011: Journal Live
Citation
Eurofound (2011), Caterpillar, Business expansion in United Kingdom, factsheet number 72510, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72510.