Tyre maker Michelin said Thursday it would close a French-based factory with 619 employees next year as competition from cheaper Asian manufacturers knocks its profit margin.

Two weeks ago, the French company announced the closure of a factory in Germany with 858 employees by 2021, and last year said it would …read more

Source:: https://www.thelocal.fr/20191010/michelin-to-close-tyre-factory-in-france