La Française de Mécanique

Type
Closure
Country
France
Region
Location of affected unit(s)
Douvrin, Charleville, Sept-Fons, Sochaux, Mulhouse
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
869 jobs
Number of planned job losses
Job loss
Announcement Date
3 February 2003
Employment effect (start)
1 March 2002
Foreseen end date

Description

La Française de Mécanique, which is part of PSA Group and Renault has announced a huge investment strategy creating new employments. Neverthless, at the same time, the company announced the closure of one foundry that threatened 705 workers and 164 temporary workers.

Citation

Eurofound (2003), La Française de Mécanique, Closure in France, factsheet number 59269, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59269.