Michelin

Type
Business expansion
Country
France
Region
Pays de la Loire; Pays de la Loire; Maine-et-Loire
Location of affected unit(s)
Cholet
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22.1 - Manufacture of rubber products
22.11 - Manufacture, retreading and rebuilding of rubber tyres and manufacture of tubes
100 jobs
Number of planned job creations
Job creation
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.

Sources

Citation

Eurofound (2010), Michelin, Business expansion in France, factsheet number 70781, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70781.