Type
Bankruptcy
Country
United Kingdom
Region
North West; Lancashire;
Location of affected unit(s)
Preston
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.32 - Manufacture of other parts and accessories for motor vehicles

116 jobs
Number of planned job losses
Job loss
Announcement Date
28 March 2013
Employment effect (start)
Foreseen end date

Description

Car part manufacturer Bosal ceased production in Preston resulting in the loss of 116 jobs. Administrators were unable to find a buyer for the business but managed to sale certain assets of the company thereby enabling uninterrupted fulfilment of customer orders.


Sources

  • 28 March 2013: whatshappeninginmanufacturing

Citation

Eurofound (2013), Bosal, Bankruptcy in United Kingdom, factsheet number 75199, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75199.