The French equipment manufacturer Michelin announced Tuesday that its factories in Cholet and Vannes, where more than 1,200 employees work, would close by 2026, says The World.
The decision they feared has come. Employees of the Michelin tire company in Cholet and Vannes were announced on Tuesday, November 5, the cessation of production and the closure of factories by 2026. Chinese competition is the cause, our colleagues explain. of Monde.
Florent Menegeaux explains to the national newspaper that he “look for“but not to have”found alternatives for these two sites“According to the boss of the company whose historic headquarters is in Clermont-Ferrand, the automobile market is sluggish, and Chinese competition is doing a lot of harm to the sector, which is struggling to remain competitive.”In 2019, our production costs in Asia were 100, while they were 140 in Europe and 135 in America“, explains Florent Menegeaux.
Multiple site closures
But before the closure of the Cholet and Vannes factories, “no later than the beginning of 2026“, Michelin is committed to helping employees, some of whom are of advanced age, find long-term employment. The Cholet factory has 955 employees, that of Vannes, 299. Florent Menegeaux says “confident“, given the dynamism of employment areas in the west of France.
Not far from here, the Michelin factory in La Roche-sur-Yon closed in December 2020. More recently, Michelin announced, at the end of 2023, the closure of three factories in Germany, one in Poland and even two in China, in the segment of tires for light trucks and heavy goods vehicles.
published on November 5 at 10:35 a.m., Adèle Delaunay, 6Medias
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