RESHORING CASE

Profialis

Company details
Code: 
Profialis
Company name: 
Profialis
Company country: 
France
Sector: 
C - Manufacturing
Sector detail: 
C22 - Manufacture of rubber and plastic products
Reshoring details
Reshoring announcement date: 
26/01/2015
Starting implementation date: 
March, 2015
Reshored to: 
France
Location of affected unit(s): 
Clerval
Location code: 
FR431
Reshored business function: 
Production
Partial or Total reshoring: 
Total
Reshoring governance mode: 
In house (in own facilities)
Reasons for reshoring: 
Economic crisis
Firm's global reorganization
Untapped production capacity
Reshoring ERM database code: 
profialis
Case narrative: 

Profialis announced their intention to close their plant in Oeselgem, Belgium at the beginning of 2015. The company, which was acquired by OpenGate Capital in 2013, is a Belgian- French producer of PVC-frames for windows and doors. As reported on the European Restructuring Monitor, the company announced a collective redundancy of 104 blue-collar workers and 42 white-collar workers along with the closure of the facility in Oeselgem. Management says that the unit has been operating at half capacity due to years of economic downturn and reduced demand in its main markets (Benelux and France). The company has already moved 60% of Belgian production to France in line with the decision to close the Belgian unit and centralise all activities at Clerval, France. It is still unclear whether this decision will trigger the creation of jobs at the Clerval site.

 

Sources: 

Le Soir, 26/01/2015

Nieuws Blad, 06/03/2015

Offshoring details
Offshoring date: 
2009
Offshoring location: 
Belgium
Reason for offshoring: 
Merger and Acquisition