Type
Closure
Country
France
Region
Bassin Parisien; Basse-Normandie; Orne
Location of affected unit(s)
Argentan (Orne)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

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

Description

The CEO of AMP has announced the shortage of liquidity of the Argentan unit, which implies his closure. Argentan employs 358 workers. Further restructuring measures for the other units of the group, such as Ponts-de-Cé (Maine-et-Loire), Bléré (Indre-et-Loire) and Laval (Mayenne) might be announced soon.


Sources

  • 27 May 2003: Les Echos

Citation

Eurofound (2003), APM, Closure in France, factsheet number 59680, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59680.