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.
Yorkshire and the Humber; South Yorkshire; Sheffield
Location of affected unit(s)
Sheffield
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
200 jobs Number of planned job creations
Announcement Date
8 February 2017
Employment effect (start)
Foreseen end date
Description
McLaren, the luxury car manufacturer, has announced plans to open a new production facility in Sheffield in a move which will create 200 jobs. The facility is being supported by a GBP 50 million (€59 million) investment supported by Sheffield Council. The facility will be based at the University of Sheffield's Advanced Manufacturing Research Centre (AMRC), and will develop and manufacture carbon chassis for road cars. Trial production at the facility will begin later in 2017 with full production expected to start from 2020. The move has been welcomed by representatives of Sheffield Council and the Local Enterprise Partnership.
Sources
8 February 2017: Insider Media
8 February 2017: The Guardian
8 February 2017: The Telegraph
Citation
Eurofound (2017), McLaren, Business expansion in United Kingdom, factsheet number 90187, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90187.
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