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); Northumberland, Durham and Tyne & Wear; Sunderland
Location of affected unit(s)
Sunderland
Sector
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
150 jobs Number of planned job creations
Announcement Date
5 December 2018
Employment effect (start)
Foreseen end date
Description
French owned car parts manufacturer Snop has announced plans to create 150 new jobs when it moves into new premises in Sunderland. The firm has confirmed that it will be the first to take residence in the newly created International Advanced Manufacturing Park which is due to open in June 2019, though the timeframe for the creation of these new jobs has not been reported. As of January 2019, the business employs 250 people who will relocate to the new factory.
Sources
Citation
Eurofound (2018), Snop, Business expansion in United Kingdom, factsheet number 96261, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/96261.
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