The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
100 jobs Number of planned job creations
Announcement Date
11 June 2010
Employment effect (start)
1 January 2011
Foreseen end date
31 December 2011
Description
On 11 June, the tyre manufacturers Michelin announced the creation of 100 jobs at its plant in Cholet (Maine-et-Loire) in 2011. The management intends to launch a new production line to increase the production site, specialized in equipment of small utilities and 4x4s.The new production line will create a hundred additional jobs which will mostly be filled by the redeployment of Michelin staff from other units. The production will reach 6 million tyres per year (+30%) for an investment of approximately 30 million euro.
Eurofound (2010), Michelin, Business expansion in France, factsheet number 70781, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70781.
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