According to the Wall Street Journal, Goodyear's Dunlop French company announced to its employees that due to the fact that it did not receive a suitable quotation at its Amiens factory in northern France, the factory may ultimately be unable to avoid the fate of being shut down.
The Amiens plant had 1,713 employees. Goodyear said that three tire manufacturers inquired about the factory but they did not follow up. Two investment funds that did not engage in tire business also expressed interest but There is no guarantee that the tire business of the factory and more than 1,700 jobs will be retained.
In a statement, the French Ministry of Industry announced that it has reached out to a total of 57 companies, but has yet to reach a binding offer. The Ministry of Industry believes that the Amiens plant is difficult to sell because Goodyear has insufficient investment in it, and the decline in market share is also one of the reasons.
In the past six years, the Amiens factory has been struggling with layoffs and production cuts. Many layoffs have failed because of opposition from French unions; Titian International has issued an offer to acquire the Amiens plant and use it. Farming business, but this plan was taken care of by the CGT union.
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