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Michelin is reorganizing its activities in the united kingdom, italy and germany

Michelin is strengthening its competitiveness strategy supporting its growth in Europe to face market changes by consolidating its positioning on high valueadded productions. The continent accounts for 40% of the Group’s business, has 40 Michelin production sites and more than 65,000 employees.

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In this objective, Michelin has initiated a project to reorganize its activities in the United Kingdom, Italy and Germany which will be accompanied by €265 million in investments to modernize production facilities and the logistics network.

In Italy

Michelin Italie fabrique plus de 10 % de la production européenne de pneus et emploie plus de 4 000 salariés. Pour maintenir son fort ancrage local, le Groupe met en oeuvre un plan stratégique pour les cinq ans à venir, avec 180 millions € d’investissement, pour augmenter la production de 20 % d’ici 2020 sur les sites de Cuneo (Tourisme camionnette) et d’Alessandria (Poids lourd). Le site de Fossano, spécialisé dans les produits semi-finis, un marché exigeant des coûts de fabrication compétitifs, fermera ses portes d’ici fin 2016.

In the United Kingdom

Created in 1905, Michelin Tyre PLC, the leading tire manufacturer in the country, now employs 2,500 people. Michelin wants to refocus its activity on the growth segments of the market, investing €85 million to increase production by 30% on the Dundee site (Car & Light truck tires) and strengthen the Stoke-on-Trent site (Retreading). Finally, the closure of the Ballymena plant, specializing in the competitive Truck tires market, is under consideration.

In Germany

In Germany, the Pneu Laurent site in Oranienburg will cease operations, which are to move to the
Avallon site in France by the end of 2016.

In these three countries, Michelin Développement will implement the necessary means to support
the revitalization of the territories affected by site closures.