US tyre firm Titan interested in Goodyear’s French plant: CEO

23 January 2014 17:10  [Source: ICIS news]

HOUSTON (ICIS)--US-based farm tyre firm Titan International is prepared to invest in Goodyear's closed-down tyre plant north of Paris, the company's CEO said on Thursday.

Maurice Taylor, speaking in an interview on French television, said that Titan could hire about 300 of the 1,200 Goodyear workers who lost their jobs in the closure of the plant in Amiens.

"We believe that it would be a very good idea for Titan to be able to produce tyres in France," he said, adding that he was waiting to hear from Goodyear and the French government.

A year ago, Titan ruled out investing in Goodyear's Amiens plant.

However, Taylor said that the situation had changed as Goodyear this week finally reached an agreement with the Amiens workers and their union about severance, thus ending the workers' occupation of the plant.

A Goodyear spokesman told ICIS that the company could not comment on Taylor’s comment as it did not have "any information about Mr Taylor's offer or anything like that." He confirmed that the workers ended the occupation on Wednesday (22 January).

By: Stefan Baumgarten
+1 713 525 2653

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