RESHORING CASE

C&F Group

Company details
Code: 
C&F Group
Company name: 
C&F Group
Company country: 
Ireland
Number of employees: 
984
Sector: 
C - Manufacturing
Sector detail: 
C29 - Manufacture of motor vehicles, trailers and semi-trailers
Sub-sectors: 
C29.3 - Manufacture of parts and accessories for motor vehicles
Reshoring details
Reshoring announcement date: 
24/12/2017
Reshored to: 
Ireland
Location of affected unit(s): 
Collinstown
Location code: 
IE012
Reshored business function: 
Production
Partial or Total reshoring: 
Total
Reshoring governance mode: 
In house (in own facilities)
Reasons for reshoring: 
Firm's global reorganization
Case narrative: 

C&F Group is a car components and wind turbine manufacturer, headquartered in Galway (Ireland). The C&F group employs 984 people worldwide and has clients such as IBM, EMC, APC and so on. It is reported that C&F Group will shut down its factory which makes car components in Neunkirchen (Germany) and transfer those manufacturing activities to the Collinstown plant (Ireland). Approximately 90 workers in Neunkirchen (Germany) will be affected by this closure. Senior staff said that the company has considered potential investors who may prepare to take over the business. It is also reported that the EBITADA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of C&F is € 7 millions and the sales is € 91 millions. In 2018, the company expects to reach 8% growth for EBITDA and will focuses more on Asia and Australia markets. 

Sources: 

Business jobs  8 January 2018

Sources link: 

https://www.independent.ie/business/jobs/car-parts-maker-cf-relocates-ge...

Offshoring details
Offshoring location: 
Germany
Offshored business function: 
Production
Offshoring governance mode: 
In house (in own facilities)
Offshoring entry mode: 
Wholly owned
Host country geographical area: 
Western Europe