Stock Markets2 hours ago (Sep 17, 2020 02:50AM ET)
(C) Reuters. Informal Meeting of Ministers for Economics and Financial Affairs in Berlin
PARIS (Reuters) – The French government is looking into options to try to save jobs and prevent the closure of the Bethune tyre plant in northern France that Japan’s Bridgestone (T:5108) plans to shut.
“We are going to fight. We are going to fight for a production that will be more attractive and review other options,” Le Maire told CNews television.
Bridgestone announced on Wednesday that it would begin talks to close the factory in Bethune in the face of low demand for its main product, low-profile tyres.
With 863 employees, the factory has daily production capacity of about 17,000 tyres.
France’s Le Maire: We will fight Bridgestone’s plan to close Bethune factory
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