The state has granted an 85 million euro loan to Goodyear in Amiens (Haute de France), following a 44.6 million euro subsidy last March, to help modernize the site, according to a decree published in the Official Journal on Saturday. . The principle of this loan was recorded when the government of Jean Castex announced the subsidy in March as part of the France Relance program, which was designed to promote the reindustrialization and innovation of the area.
- Prime Macron 2022: conditions, amount, payment date … how it works?
The Amiens-Sud factory, which employs 800 people, has threatened to close “five yearsAccording to Amiens Métropole president Alain Guest (LR), especially because of competition from Eastern Europe. In return, Goodyear, headquartered in Akron, USA, committed to invest 100 million euros to make the plant produce tires with a higher added value. A loan of 85 million euros complements these investments and will be paid by the state through Natixis Bank.
In January 2014, another Goodyear site in the city, the Amiens-Nord plant, which specializes in the production of agricultural tires, closed its doors after more than six years of a standoff between staff and management, resulting in 1,143 redundancies. The American group was convicted of unfair dismissal in May 2020 by an industrial tribunal, which found that the economic difficulties of the French subsidiary alone were not sufficient to justify an economic reason. Goodyear had to pay restitution equal to the last six months’ gross wages to about 800 employees who attacked him. Goodyear manufactures tires in 57 plants in 23 countries and employs more than 72,000 people.
Source: Le Figaro
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.