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.
North East; Northumberland and Tyne and Wear; Tyneside
Location of affected unit(s)
Newcastle Upon Tyne
Sector
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21.1 - Manufacture of basic pharmaceutical products
350 jobs Number of planned job creations
Announcement Date
25 January 2018
Employment effect (start)
Foreseen end date
Description
Accord Healthcare has opened its new factory in Fawdon, Newcastle Upon Tyne. The site currently has 60 staff in place and more are to be added over the coming months, with employment at the premises eventually set to reach between 350 and 500 jobs. The company manufactures pharmaceutical products including effervescent medicines. The company is currently looking to recruit for a range of roles across the business including laboratory roles and finance specialists. The expansion is part of a larger investment programme of GBP 60 million across its locations in the UK.
Sources
25 January 2018: Chronicle Live
25 January 2018: BQ Live
Citation
Eurofound (2018), Accord Healthcare, Business expansion in United Kingdom, factsheet number 93132, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93132.
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