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| Name | Symbol | Market | Type |
|---|---|---|---|
| Michelin Compagnie Generale Des Etablissements Michelin (PK) | USOTC:MGDDY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.42 | -2.59% | 15.79 | 15.58 | 16.07 | 15.959 | 15.73 | 15.94 | 1,472,363 | 22:00:01 |
From Jan 2020 to Jan 2025
By Alberto Delclaux
Compagnie Generale des Etablissements Michelin (ML.FR) has decided to close its Dundee factory in the U.K. in 2020, saying its conversion is not financially viable.
The site, opened in 1971, makes 16-inch and smaller tires and employs 845 people, the company said.
Michelin will start a consultation process with employees in the next two weeks, it said.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
November 06, 2018 01:31 ET (06:31 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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