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Tuesday 20th March 2018

Macron: France Will Force Ford to Revitalize Site Of Plant Closure

Business

7Dnews London

Sat, 02 Mar 2019 07:12 GMT

French President Emmanuel Macron on Friday, 1st March, pledged to force automaker Ford to pay to help create new jobs on an industrial site the US firm plans to close in south-western France.

The French government has denounced Ford's decision to shut its plant, making gear boxes, after the company rejected a takeover bid that could have saved some of the 800 jobs at the site in France's southwest. AFP reported. 

Macron told local lawmakers, "We shall force the firm to revitalise" the industrial site at Blanquefort, near Bordeaux, "to invest for its industrial make-over," and added "The law allows us to force a firm to pay" for this. 

Ford had previously said it would fund a broad "re-industrialisation plan" to reduce the impact on the region's economy. 

Government spokesman Benjamin Griveaux accused Ford executives of taking a "shameful attitude" in refusing a final offer from Franco-Belgian equipment manufacturer Punch Powerglide, on Monday. 

French officials had hailed the improved bid lodged by the Strasbourg-based company last week, which could have allowed around half the employees to keep their jobs. 

In return unions had agreed to a pay freeze and more flexible working hours. 

Griveaux told France Info radio, "We will make them (Ford) pay for the laid-off employees, for the clean-up of the site, and for new industrialisation efforts for the region". 

Ford, which announced the closure nearly a year ago, had said it did not consider Punch Powerglide's plan convincing. Unions also noted the offer was not accompanied by guarantees of sufficient client orders to sustain the site over the long term.  

Macron said the government and regional authorities would also seek to help employees find new jobs or training. 

French authorities have until March 4th to officially rule on Ford's closure plan. 


Europe