Inversiones Plasticas TPM Agricola

Type
Closure
Country
Spain
Region
Location of affected unit(s)
El Ejido (Almeria), Torrent (Valencia)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22.2 - Manufacture of plastic products
22.2 - Manufacture of plastic products
225 jobs
Number of planned job losses
Job loss
Announcement Date
10 February 2012
Employment effect (start)
Foreseen end date
17 February 2012

Description

Spanish manufacturer of plastic for greenhouses Inversiones Plasticas TPM Agricola is to close and start the liquidity procedure. The decision will involve 225 redundancies as of 17 February 2012. The restructuring will affect the plant in El Ejido in Almeria (153 employees) and the other in Torrent nearby Valencia (72 employees).

Sources

  • 10 February 2012: Expansión

Citation

Eurofound (2012), Inversiones Plasticas TPM Agricola, Closure in Spain, factsheet number 73335, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73335.