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 Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.9 - Manufacture Of Other Fabricated Metal Products
275 jobs Number of planned job creations
Announcement Date
22 December 2017
Employment effect (start)
1 December 2017
Foreseen end date
1 December 2020
Description
Van Merksteijn International B.V. is a Dutch company that manufactures reinforcement products and fencing panels. Currently, it imports wire rods by Turkish suppliers, but it is experiencing concerns regarding logistics costs and delivery time. Therefore, the company decided to in-sourcing and reshore the wire rods production, also to improve the supply continuity and quality control. As a consequence, the firm decided to build a new factory at Eemshaven (The Netherlands). Preliminary activities to start the plant construction were concluded on December 22, 2017. The total investment is expected around € 250 millions and should be completed by 2020. When fully operational, 275 direct jobs should have been created at the new plant.
Eurofound (2017), Van Merksteijn, Reshoring in Netherlands, factsheet number 84, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84.
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