Type
Closure
Country
France
Region
Bassin Parisien; Champagne-Ardenne;
Location of affected unit(s)
Charlesville-Mézières (ardennes)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.5 - Casting of metals

128 jobs
Number of planned job losses
Job loss
Announcement Date
26 May 2003
Employment effect (start)
Foreseen end date

Description

The metal casting unit of CF2M, Grandy at Charlesville-Mézières is closing. The court of Nanterre has announced the liquidation of the unit, affecting 128 workers. The liquidation of the unit is due to high competition and a shortage in sales.


Sources

  • 26 May 2003: Les Echos

Citation

Eurofound (2003), Grandy, Closure in France, factsheet number 58986, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58986.