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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.4 - Manufacture Of Games And Toys
6 jobs Number of planned job creations
Announcement Date
15 October 2014
Employment effect (start)
1 February 2017
Foreseen end date
Description
The German toy company Cartronic decided to bring back production activities earlier offshored to its plant in China, due to the logistics costs. In the last years, the company developed a new technology for toys decoration; therefore, managers were fear of possible counterfeiting risk in transferring the new technology in China. As a consequence, in 2014, they decided to open a new plant in Nuremberg (Germany) investing around 4 million Euros. Manufacturing activities in the new plant has been started on February 2017 creating six new jobs. The relocation decision permitted the company to maintain high quality level, and to leverage on the "made-in Germany" effect.
Sources
4 February 2017: Uni-CLUB MoRe reshoring dataset Hamburger Abendblatt (www.abendblatt.de)
Eurofound (2014), Cartronic, Reshoring in Germany, factsheet number 85, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85.
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