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 Chemicals And Chemical Products 20.16 - Manufacture of plastics in primary forms
66 jobs Number of planned job creations
Announcement Date
29 July 2019
Employment effect (start)
Foreseen end date
Description
Composites manufacturing company Creative Composites announced the creation of 66 jobs as it looks to expand its business in the automotive, materials handling and mass transit sectors. The company is investing GBP 11 million (€12 million) for the creation of jobs. The sum includes GBP 1.5 million (€1.7 million) made available by Invest NI through the European Regional Development Fund. It is reported that these positions include engineering, production and management roles. Once the jobs are filled, the total headcount of the company will stand at over 350 staff.
Eurofound (2019), Creative Composites, Business expansion in United Kingdom, factsheet number 98244, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98244.
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