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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17.1 - Manufacture of pulp, paper and paperboard
100 jobs Number of planned job creations
Announcement Date
28 July 2017
Employment effect (start)
28 July 2017
Foreseen end date
28 July 2019
Description
As announced on 28 July 2017, the German paper manufacturer August Koehler will invest €500 million to boost the company’s growth, resulting in the addition of 100 new jobs within the next 2 years at its site in Kehl. Part of the investment is a new special paper machine which is expected to produce 100,000 tonnes of paper per year.
August Koehler is among the world’s leading paper manufacturers, producing 500,000 tonnes of paper each year, and plans to add recyclable paper-based packaging to its product line.
As of August 2017, August Koehler has 1,850 employees.
Sources
11 August 2017: Verpackungsrundschau (online)
28 July 2017: Baden Online
Citation
Eurofound (2017), August Koehler, Business expansion in Germany, factsheet number 91872, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91872.
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