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Compagnie Generale des Etablissements Michelin SCA Michelin to Discontinue Production at its Icollantas Subsidiary in Colombia

Wednesday, 12 Jun 2013 11:00am EDT 

Compagnie Generale des Etablissements Michelin SCA announced that it has decided to discontinue the manufacturing operations of its local subsidiary Icollantas. Due to its insufficient size and other local economic factors, the unit has never managed to be competitive. Production operations at the Chusaca truck tire plant, which employs around 220 people, and at the Cali plant, which makes Michelin passenger car tires and BF Goodrich tires with a workforce of around 240 people, will be shut down in the summer of 2013. In accordance with Colombian law, a notice of intent has been filed with government authorities. Michelin is offering personalized socio-economic support to the 460 people concerned to help them find a new job. 

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