Forvia To Close Two French Sites
The sites in Saint-Fonds and Valence south of Lyon will close permanently. Only 12 jobs will be retained out of 548 total positions. An American investment fund, OneStar, will acquire the brand, the research division, and patents. The decision was validated yesterday evening by the Lyon Economic Affairs Court. The closure is impacting employees at the sites south of Lyon. Workers at the Bellétoile site reported that three out of four production lines were still operational just days ago. Local unions expressed incomprehension regarding the decision, noting the company remains profitable.
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Sources · 7 independent
France Culture
“Les sites de Saint-Fonds et Valence vont fermer le repos. 12 postes seront conservés sur 548. Le repreneur est un fonds d'investissement américain, l'onestar qui ne reprend que la marque, la division Recherche et les Brevets.”
France Culture
“belle étoile. Les sites de Saint-Fonds et Valence vont fermer le repos.”
France Culture
“Les sites de Saint-Fonds et Valence vont fermer le repos. Aujourd'hui c'est de l'incompréhension. Il y a encore quelques jours, on avait encore 3 lignes qui tournaient sur 4.”
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