EMCC European Monitoring Centre on Change

TK ECC

Company/Organisation:
TK ECC

Geographic Location

Country: United Kingdom
Region: Belfast; Northern Ireland
Location of affected unit(s): East Belfast

Company

Sector: Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Number Employed: 550
Group: Takata Corporation

Employment Effects

Announcement Date: 21-02-2004
Planned Job Reductions min: 550
Planned Job Reductions max: 550
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-05-2004
Direct Dismissals: 550

Additional Information

The firm TK-ECC which makes seat belts for cars has announced the closure of its East Belfast plant. The firm was previously known as Fisher Body and all of its 550 employees are to lose their jobs within weeks following negotiations with the unions. The Northern Ireland minister Ian Pearson, MP expressed his disappointment at the news and indicated the cause as global competition in the car industry. He added that "The priority now is to help those who have been made redundant, and ... provide counselling for those who have lost their jobs and help them to take advantage of retraining opportunities or to examine self-employment options."