Type
Bankruptcy
Country
France
Region
Sud-Ouest; Midi-Pyrénées; Ariège
Location of affected unit(s)
Lavelanet
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.1 - Preparation and spinning of textile fibres

120 jobs
Number of planned job losses
Job loss
Announcement Date
31 August 2004
Employment effect (start)
Foreseen end date

Description

La Filature de Lavelanet, thread producer situated in Lavelanet (Ariège), is closing down, dismissing its 120 employees. Competition from Asia is the cause of the bankruptcy.


Sources

  • 31 August 2004: Les Echos

Citation

Eurofound (2004), Filature, Bankruptcy in France, factsheet number 60613, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60613.