ERJ staff report (LMH)
Dundee, UK - Michelin is to reduce output at its Dundee factory over the next four months in response to challenging market conditions in the Eurozone. Stock levels have also been impacted by a very mild winter, Michelin said in an 11 May news release.
The Dundee plant will stop production for a three week period from the end of May until mid June. During July and August the plant has a number of closure periods to facilitate employees' holidays. Some of these will be extended.
A number of Michelin factories across Europe, including Dundee have decided to reduce output to manage the market requirements and stock conditions. Dundee is affected as the main issues in the market centre around the smaller car tyre ranges which Dundee produces.
Michelin said that jobs will not be affected but some of the investment plans announced in 2011 may be delayed.
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Press release from Michelin