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
119 jobs Number of planned job creations
Announcement Date
20 June 2018
Employment effect (start)
1 January 2018
Foreseen end date
31 December 2018
Description
French tyre manufacturer Michelin has announced the creation of 119 jobs in its plant at Blavozy (Haute-Loire) by the end of 2018 and an investment plan of about €70 million for the period 2018-2022. Of the 119 new positions, 95 are already filled. According to the manager, the job creations surpass the number of natural attritions, i.e., workers who leave for reasons of retirement. The company has expanded several times within France over the past years, in 2010, 2011, 2013, inMay 2016 at La Roche-sur-Yon (Vendée), in December 2016 at its Cholet plant (100 job creations), in March 2017 (210 jobs at its plant in Blanzy - Saône-et-Loire) and in October 2017 (100 jobs in its plant at La Roche-sur-Yon). Job cuts were also recorded in 2009 and 2013. Michelin has recently announced a plan to restructure one of its sites in Clermont-Ferrand, with a site closure by the end 2017 and a reorganisation of its engineering department by 2018. In January 2017, Michelin agreed the non-replacement of a hundred retirements within five years at its Vannes site.
Sources
20 June 2018: L'éveil (video)
Citation
Eurofound (2018), Michelin, Business expansion in France, factsheet number 94547, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94547.
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