Type
Business expansion
Country
France
Region
Sud-Ouest; Aquitaine; Pyrénées-Atlantiques
Location of affected unit(s)
Bayonne
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

410 jobs
Number of planned job creations
Job creation
Announcement Date
28 July 2008
Employment effect (start)
1 August 2008
Foreseen end date
31 August 2011

Description

Spanish steel group Celsa has announced that the group signed a draft agreement with an investment of 655 millions euro for the construction of a laminate plant in France over the next three years. As a start, around 410 jobs are planned to be created between August 2008 and August 2011. The plant will be located in the port and industrial area of Bayonne-Tarnos, on the French atlantic coast, and will have both cold and hot lamination units.


Sources

  • 28 July 2008: AFP
  • 29 July 2008: Les Echos
  • 25 August 2008: La Croix

Citation

Eurofound (2008), Celsa, Business expansion in France, factsheet number 66983, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66983.