EMCC European Monitoring Centre on Change

Volex

Company/Organisation:
Volex

Geographic Location

Country: Ireland
Region: West; Border, Midland and Western

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed: 240

Employment Effects

Announcement Date: 17-07-2003
Planned Job Reductions min: 170
Planned Job Reductions max: 170
Type of Restructuring: Bankruptcy/Closure
Direct Dismissals: 170

Additional Information

Telecommunications manufacturer Volex is shutting its factory in County Mayo, with production shifting to eastern Europe. However, the company will retain 70 staff in Castlebar.