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.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.99 - Manufacture of other special-purpose machinery n.e.c.
New offshoring locations
United Kingdom, India
150 jobs Number of planned job losses
Announcement Date
13 March 2014
Employment effect (start)
13 March 2014
Foreseen end date
30 June 2014
Description
British engineering company JCB will close its Vibromax production site for soil and asphalt compaction equipment in Gatersleben (Saxony-Anhalt) by June 2014 and relocate production to UK and India. All 150 employees will be made redundant. The closure is said to be due to structural shifts in the market.
Talks with worker representatives have been announced.
JCB acquired Vibromax in 2005.
Sources
13 March 2014: Mitteldeutsche Zeitung
Citation
Eurofound (2014), Vibromax, Offshoring/Delocalisation in Germany, factsheet number 76731, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76731.
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