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.
North East (England); Northumberland, Durham and Tyne & Wear; Durham
Location of affected unit(s)
Consett
Sector
Manufacturing (10 - 11) Manufacture of food and beverage 10.3 - Processing and preserving of fruit and vegetables 10.31 - Processing and preserving of potatoes
103 jobs Number of planned job losses
Announcement Date
31 October 2014
Employment effect (start)
Foreseen end date
31 December 2015
Description
KP Snacks is set to close its site in Consett sometime in 2015, according to the GMB union. 103 jobs are thought to be affected by the decision. This follows the September announcement of a consultation process. It is being reported by the union that the decision to close has been finalised, although the company has suggested that the consultation has not yet concluded.
The company has operated the site in Consett for over 25 years where it produces the Phileas Fogg brand of crisps.
Sources
31 October 2014: BBC Website
Citation
Eurofound (2014), KP Snacks, Closure in United Kingdom, factsheet number 77832, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77832.