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
100 jobs Number of planned job creations
Announcement Date
17 October 2017
Employment effect (start)
18 October 2017
Foreseen end date
31 December 2018
Description
French tyre manufacturer Michelin has announced the creation of 100 jobs in its plant in La Roche-sur-Yon (Vendée) by the end 2018 to cope with a projected increase in production of the plant. Michelin has hired 335 employees over the past three years at this plant. The group has invested €56 million to modernise the production line and to produce high-end tyres for trucks.
Job cuts occurrences 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
Citation
Eurofound (2017), Michelin, Business expansion in France, factsheet number 92305, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92305.
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