Fibre Excellence in Saint-Gaudens: six-week reprieve before liquidation
The Toulouse commercial court grants a further delay to the Fibre Excellence plant in Saint-Gaudens.
Published 6sem4 sources✓ ConfirmedNotableupdated 6sem
Lire en français
≈ 23s
2 million
280 jobs are at risk, with a debt of 54 million euros and a 2 million euro guarantee paid
The fact
280 jobs are at risk, with a debt of 54 million euros and a 2 million euro guarantee paid.
An industrialist offers a preliminary bid to save the site, France's last major paper pulp factory.
4 sources — click a link to read an article on the topic:
Why it matters
La fermeture de cette usine symboliserait un nouveau recul de l'industrie française dans un secteur stratégique. Elle interroge aussi la capacité des pouvoirs publics à sauver des emplois industriels.