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.
West Midlands; Herefordshire; Worcestershire and Warwickshire
Location of affected unit(s)
Gaydon
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.10 - Manufacture of motor vehicles
250 jobs Number of planned job creations
Announcement Date
28 May 2014
Employment effect (start)
28 May 2014
Foreseen end date
Description
Luxury car manufacturer Aston Martin has announced that it is to create 250 new jobs at its factory in Gaydon in Warwickshire. The expansion is part of a GBP 20 million investment by the company. According to the source, the company wants to increase its workforce and manufacturing capabilities at the site. The jobs will be in engineering, manufacturing and also in the commercial side of the business.
It is expected that these positions will be created over the next few months. The ERM previously reported on restructuring at Aston Martin in 2008.
Sources
28 May 2014: BBC Website
28 May 2014: Birmingham Post
Citation
Eurofound (2014), Aston Martin, Business expansion in United Kingdom, factsheet number 77113, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77113.
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