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 Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
40 jobs Number of planned job creations
Announcement Date
8 November 2016
Employment effect (start)
Foreseen end date
Description
Indian owned pharmaceutical company Wockhardt has announced that it is to create between 40 and 50 new jobs at its site in Wrexham, North Wales. The jobs have been created thanks to a GBP 10 million investment in the site where 380 people are currently employed. Wockhardt is a major supplier of drugs to the NHS and it is projected that the investment in the site will lead to an increase in sales of around GBP 150 million. The new manufacturing facility is set to open in December 2016.
Sources
8 November 2016: BBC Website
8 November 2016: News North Wales
Citation
Eurofound (2016), Wockhardt, Business expansion in United Kingdom, factsheet number 89102, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89102.
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