Type
Business expansion
Country
Poland
Region
Wschodni; Podlaskie; Bialostocko-suwalski
Location of affected unit(s)
Białystok
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.5 - Casting of metals

100 jobs
Number of planned job creations
Job creation
Announcement Date
14 August 2013
Employment effect (start)
1 January 2014
Foreseen end date

Description

On 14 August 2013, tool producer Fabryka Przyrządów i Uchwytów Bison-Bial announced its plans to create about 100 jobs in the factory of subsidiary company Odlewnia Białystok. The new factory is expected to be operational in the first quarter of 2014. The production facility is located in the Białystok Special Economic Zone. The investment is worth 59 mln PLN, but the company will receive 40 mln PLN public support from the Operational Programme ‘Innovative Economy’.

Fabryka Przyrządów i Uchwytów Bison-Bial was founded 1948 as a state-owned company (privatized in 1998). The company produces workholding equipment such as chucks, vises, milling fixtures.

For other recent group restructuring measures see Bison Chucks 2013.


Sources

  • 14 August 2013: Wirtualny Nowy Przemysł

Citation

Eurofound (2013), Odlewnia Białystok, Business expansion in Poland, factsheet number 75780, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75780.