Type
Bankruptcy
Country
France
Region
Nord - Pas-De-Calais; Nord;
Location of affected unit(s)
Auby
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29 - Manufacture of motor vehicles, trailers and semi-trailers

145 jobs
Number of planned job losses
Job loss
Announcement Date
9 December 2010
Employment effect (start)
1 January 2011
Foreseen end date

Description

On 9 December 2010, the management of SIAC announced the closure of the plant located near Douai, and the 145 permanent employees will lose their jobs. The precise date of the closure is unknown. The plant manufactures tractor cabs and lost a major contract with the tractor constructor CLAAS, representing 40% of the company's sales volume.


Sources

Citation

Eurofound (2010), SIAC France, Bankruptcy in France, factsheet number 71302, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71302.