Tire maker Michelin to close French site that has 619 staff

Published October 10, 2019, 12:00 AM

by manilabulletin_admin

By Reuters

PARIS – French tire maker Michelin (MICP.PA) said on Thursday it would close down a site in the town of La Roche-sur-Yon, which has 619 staff, as the auto industry grapples with tough market conditions.

The logo of Michelin Group is seen ahead of a news conference to present the company's 2018 annual results in Paris, France, February 11, 2019.  (REUTERS/Philippe Wojazer/File Photo/MANILA BULLETIN)
The logo of Michelin Group is seen ahead of a news conference to present the company’s 2018 annual results in Paris, France, February 11, 2019. (REUTERS/Philippe Wojazer/File Photo/MANILA BULLETIN)

The closure of the site at La Roche-sur-Yon comes after Michelin announced in September plans to close down a plant in Bamburg, Germany.

 
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