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; Northumberland and Tyne and Wear; Sunderland
Location of affected unit(s)
Sunderland
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
130 jobs Number of planned job creations
Announcement Date
24 April 2015
Employment effect (start)
1 July 2015
Foreseen end date
Description
Car parts manufacturer TRW has announced plans to create 130 new jobs at its site on the Rainton Bridge Industrial Estate in Sunderland.
The jobs have been created in part due to a 1.95 million GBP grant from the Regional Growth Fund, which has funded an extension to the company's premises. The extension is due to be complete later this year with recruitment scheduled for the second half of 2015. The news of the new jobs comes as Lear also announced job creation on the same industrial estate.
TRW is an American global supplier of automotive systems, modules and components to automotive original equipment manufacturers .TRW manufactures car steering systems which aim to reduce carbon emissions.
Sources
24 March 2015: BDaily
Citation
Eurofound (2015), TRW, Business expansion in United Kingdom, factsheet number 79197, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79197.
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