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.
