EMCC European Monitoring Centre on Change

SMW Automotive

Company/Organisation:
SMW Automotive

Geographic Location

Country: France
Region: Oise; Picardie; Bassin Parisien
Location of affected unit(s): Venette

Company

Sector: Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Group: SMW Automotive

Employment Effects

Announcement Date: 10-11-2004
Type of Restructuring: Business expansion
Employment Effect Start: 01-05-2005
Planned Job Creation: 100

Additional Information

The auto parts supplier SMW Automotive will invest 5 to 10 million euros in a new French plant based in Venette. The new unit will start the production around spring 2005. 35 new employees will be directly hired with a intended number of 100 in the future.