The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (24 - 25) Manufacture of metals 24.5 - Casting of metals 24.5 - Casting of metals
128 jobs Number of planned job losses
Announcement Date
26 May 2003
Employment effect (start)
Foreseen end date
Description
The metal casting unit of CF2M, Grandy at Charlesville-Mézières is closing. The court of Nanterre has announced the liquidation of the unit, affecting 128 workers. The liquidation of the unit is due to high competition and a shortage in sales.
Sources
26 May 2003: Les Echos
Citation
Eurofound (2003), Grandy, Closure in France, factsheet number 58986, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/58986.