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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.72 - Manufacture of locks and hinges
180 jobs Number of planned job creations
Announcement Date
25 September 2019
Employment effect (start)
Foreseen end date
31 December 2021
Description
Industrial locking systems manufacturing company Southco announced the opening of a new plant in Tajęcina near Rzeszów. The business expansion is expected to create 180 new job positions within the next few years. With an area of 5,600 square metres, the plant already has a workforce of around 70 employees, which is ultimately planned to reach an employment level of 500 people.
Founded in 1899, currently a subsidiary of TouchPoint, the company produces locking systems, including locks, latches, hinges and handles, for the automotive, construction, medical equipment, telecommunications and IT industries.
Eurofound (2019), Southco, Business expansion in Poland, factsheet number 98903, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98903.
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