Italy: to unions’ satisfaction, Michelin committed to an investment plan

On June 27, the Minister of Economic Development organized a determining meeting on the future of the French pneumatic group's Italian factories. On this occasion, Michelin Italy's manager, Joël Pouget, announced a 30-million Euro investment plan for the four production sites located in the north of the country ; this plan will secure the 5.000 jobs unions thought were threatened. (Ref. 070611)
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This meeting was organized on union organizations’ demand (Filcem-Cgil, Femca-Cisl, Uilcem-Uil) following Michelin’s announcement, at the beginning of 2007, of its cost-reducing plan “Horizon 2010,” which levied doubt on investments into Italian sites (Torino Stura, Fossano, Alessandria, Cuneo) and on production loads. The president of Michelin Italy, Joël Pouget, declared during this meeting that: “the group’s will is clear: maintain the presence in Italy while safeguarding factories’ and work

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