Turing Robotics Industries

Type
Business expansion
Country
Finland
Region
Manner-Suomi; Etelä-Suomi; Varsinais-Suomi
Location of affected unit(s)
Salo
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
270 jobs
Number of planned job creations
Job creation
Announcement Date
26 February 2016
Employment effect (start)
Foreseen end date

Description

American secure smartphone manufacturer Turing Robotics Industries (TRI) is to move its manufacturing operations and its global headquarters to Salo, Finland resulting in up to 270 new jobs. Turing Robotics Industries CEO has stated that the company plans to produce 300.000 smartphones during 2016 and that 10-20 local staff will be hired for every 1000 phones produced, with a cap of 270 employees being hired according to the chief executive officer. The employment process will be finished before the end of May. 

The ERM has previously reported on Finish communications cooperation Nokia's offshoring of 1000 jobs from Salo in 2012.

Sources

  • 29 February 2016: Helsinki Times
  • 26 February 2016: HBL.fi
  • 2 March 2016: Salun Seudun Sanomat

Citation

Eurofound (2016), Turing Robotics Industries, Business expansion in Finland, factsheet number 86637, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86637.