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.
Mining / Quarrying 08 - Other mining and quarrying 08.9 - Mining and quarrying n.e.c. 08.91 - Mining of chemical and fertiliser minerals
125 jobs Number of planned job creations
Announcement Date
10 April 2014
Employment effect (start)
Foreseen end date
Description
Teesside company Cleveland Potash Limited has secured a government grant to support the mining of Polyhalite at its Boulby site. Polyhalite is then used for fertiliser manufacture. The company believes that the grant will secure the long-term future of polyhalite mining at this site and will create an additional 125 jobs directly as well as approximately 265 jobs indirectly.
Sources
10 April 2014: BBC Website
Citation
Eurofound (2014), Cleveland Potash Limited, Business expansion in United Kingdom, factsheet number 76967, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76967.