Type
Closure
Country
Spain
Region
Centro; Castilla y León; Valladolid
Location of affected unit(s)
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28.1 - Manufacture of general-purpose machinery

320 jobs
Number of planned job losses
Job loss
Announcement Date
20 August 2013
Employment effect (start)
2 September 2013
Foreseen end date

Description

Metal manufacturing company Metales Extruidos is to close its plant located in Valladolid. It is in the process of applying for a redundancy procedure affecting the entire workforce (320 employees). Dismissed workers will receive a compensation equal to 20 days per year worked, up to a maximum of one year. 


Sources

  • 20 August 2013: Europeapress

Citation

Eurofound (2013), Metales Extruidos, Closure in Spain, factsheet number 75820, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75820.