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 (England); Tees Valley; Hartlepool and Stockton-on-Tees
Location of affected unit(s)
Hartlepool
Sector
(10 - 33) Manufacturing (24 - 25) Manufacture of metals 24.1 - Manufacture of basic iron and steel and of ferro-alloys 24.1 - Manufacture of basic iron and steel and of ferro-alloys
100 jobs Number of planned job creations
Announcement Date
1 August 2017
Employment effect (start)
Foreseen end date
Description
Following its takeover of parts of the Tata Steel plant in Hartlepool, Liberty House has announced that it will create 100 new jobs. The company has bought two of the three rolling mills on the site, while Tata will retain the third. In addition to the 100 new jobs which will be created, the sale also secures the future for 140 workers.
Earlier in 2017, Liberty House has bought other parts of the Tata Steel business and now employs an estimated 5,000 workers across the UK. There is currently no information available as to when the new positions will be filled.
Sources
1 August 2017: BBC Website
Citation
Eurofound (2017), Liberty House, Business expansion in United Kingdom, factsheet number 91725, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91725.
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