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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.32 - Manufacture of other parts and accessories for motor vehicles
100 jobs Number of planned job creations
Announcement Date
10 April 2014
Employment effect (start)
1 July 2014
Foreseen end date
31 December 2014
Description
Gear box manufacturer Punch Powerglide is to create 100 new jobs at its plant in Strasbourg in 2014. As reported, the Belgian company, which took over this site from General Motors in end of 2012, announced plans to expand its production activities in the summer of 2014.
Sources
10 April 2014: Dernières Nouvelles d'Alsace
10 April 2014: Libération
Citation
Eurofound (2014), Punch Powerglide, Business expansion in France, factsheet number 76892, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76892.