Restructuring events
European Restructuring Monitor (ERM)
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.
Food group Vion has announced that it is to create 250 jobs in Scotland. About 150 of the jobs will be at the company's chicken processing facility in Coupar Angus and another 100 jobs at its Cambuslang plant. The announcement comes after a 25% increase in business in 2010 and a multi-million pound investment programme which included the installation of a new finished packing line at Coupar Angus. A Scottish Enterprise grant of £650,000 has helped to safeguard another 234 jobs at the Cumbuslang plant.
Andrew Fisher, Vion Poultry's regional director for Scotland, said "This is very positive news and just reward for the tremendous efforts not only of the teams at Cambuslang and Coupar Angus, but also through the wider Vion supply chain from our farmers and feed mill operators, through to our production, sales and administration colleagues."
Glasgow Rutherglen Labour MSP James Kelly said: "This is a tremendous boost not only for Cambuslang but also for the Scottish economy. Last year Vion lost some of its business supplying Marks and Spencer and had to cut 150 jobs at Cambuslang. No figures were given for the number currently employed by the company, or when the positions would be filled by.
Eurofound (2010), Vion Poultry, Business expansion in United Kingdom, factsheet number 70803, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70803.
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