Ateliers Réunis du Centre-Ouest (Arco)

Type
Business expansion
Country
France
Region
Nouvelle-Aquitaine; Poitou-Charentes; Vienne
Location of affected unit(s)
Châtellerault
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
15.1 - Tanning, dyeing, dressing of leather and fur; manufacture of luggage, handbags, saddlery and harness
15.12 - Manufacture of luggage, handbags, saddlery and harness of any material
100 jobs
Number of planned job creations
Job creation
Announcement Date
2 December 2019
Employment effect (start)
1 January 2020
Foreseen end date
31 December 2020

Description

Specialised in high-end leather goods, Arco, the subcontractor of a major luxury brand, is experiencing strong growth due to the success of the luxury sector. Arco announced the recruitment of 100 people in 2020, following the recruiting of 100 people in 2019. Arco has invested €10 million in a new site to support the growth of its business. The number of employees has increased from 350 to 700 in three years, including 180 temporary workers. In need of skilled labour in a highly specialised market, the company trains its own employees and will have 20 people in training on site at all times in 2020.

Sources

Citation

Eurofound (2019), Ateliers Réunis du Centre-Ouest (Arco), Business expansion in France, factsheet number 99291, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99291.