Business

France blasts closure of Bridgestone plant

Japanese tyre maker under fire over decision that will cost 863 jobs

Updated 5 years ago · Published on 19 Sep 2020 11:00AM

France blasts closure of Bridgestone plant
Employees speak outside the Japanese tyre manufacturer Bridgestone plant in Bethune. – AFP pic, September 19, 2020

BETHUNE – Japanese tyre maker Bridgestone said Wednesday that it would shut its factory in France, prompting the government to denounce a “brutal” move that will cost 863 jobs.

Bridgestone cited overcapacity in Europe and fierce competition from Asian rivals, and said it would seek a buyer for the site, located in the north of the country.

“This is not a decision we took lightly,” said Laurent Dartoux, president of Bridgestone’s operations in Europe, the Middle East and Africa.

But the announcement stunned the employees in Bethune, one of several cities across northern and eastern France suffering from widespread industrial decline in recent decades.

“We thought a restructuring was likely, but not a shutdown,” said Christophe Bouttmy, a Sud Chimie union official, on the sidelines of a works council committee.

In a joint statement, the French government and Xavier Bertrand, president of the Hauts-de-France region, contested the company's reasons for a “brutal” move.

They demanded that Bridgestone “pursue a detailed analysis of alternative projects to avoid the site’s closure”.

The company said it was “fully aware of the social consequences” of its decision, vowing to offer jobs at its other operations in France or early retirement packages.

In a statement, Bridgestone said its French retail and distribution network employing 3,500 people would remain intact.

But the Covid-19 crisis has hammered Europe’s automobile sector, with the market contracting by 40% in the first half of this year as lockdown measures and other restrictions discouraged new car purchases. – AFP, September 19, 2020

Related News

Business / 1mth

Airbus A220 deal will cost US$19 billion - Fernandes

Sports & Fitness / 2mth

China ends French team's dream run to retain the Thomas Cup

Sports & Fitness / 2mth

Thomas Cup: France inch closer to historic triumph, faces reigning champions China in final

Sports & Fitness / 2mth

Thomas Cup: France on fire, outclass Japan to reach maiden semis

Business / 1y

Time for Malaysia to move away from its traditional markets, says MITI

Malaysia / 1y

Malaysia eyeing big chunk of RM 1.4 billion spent by French tourists yearly

Spotlight

Malaysia

Johor polls turn into personality contest as PH, BN work to sway voters

By Alfian Z.M. Tahir

Malaysia

'My daughter was stabbed 14 to 16 times' - father of student stabbed at school

Malaysia

‘Malaysia’s wealth is enough for every man’s need but not greed’ - Anwar

Malaysia

Female student injured in stabbing incident at Banting school (video)

Sports & Fitness

Ten-man England edge Mexico to set up World Cup quarter-final clash with Norway

Malaysia

'I had no knowledge of alleged political donations linked to Jana Wibawa' - Tengku Zafrul

Malaysia

BN mulls seat swaps in Negeri Sembilan as Tok Mat pushes for election reset

Malaysia

Panther spotted along highway near Tasik Kenyir (video)

Malaysia

Kedah ruler calls for review of Penang lease payments, says current rate no longer reflects fair value

Opinion

When institutions rewrite the rules, we should all be concerned

By Vinod Sekhar

You may be interested

Business

US Dollar weakens as softer jobs data and oil decline cool Fed rate hike bets

Business

Malaysia smashes economic forecasts as tech trading and tourism boost GDP