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Japan’s Bridgestone to close tyre factory in France due to low demand

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Japan’s Bridgestone announced that it will begin talks to close its tyre factory in France due to low demand and high competition.

The factory in Béthune employs 863 people and has a production capacity of about 17,000 tyres a day, Bridgestone said in a statement on Wednesday.

In operation since 1961, Bridgestone plans to start talks about closing the factory due to a drop in demand for low profile tyres, which the Béthune factory mainly produces.

The statement did not provide an estimate on the financial impact of the closure.

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