Angers Technicolor close to closure

On October 1st, nobody had submitted an offer to take over the Technicolor factory of Angers. Without any way of pursuit of the activity, the Nanterre bankcruptcy court should, alas, decide the closure of the factory and the loss of of their jobs for 350 employees. Eolane, an Angers company which was mentionned as a candidate for a partial takeover of the factory with about 80 persons finally no submitted an offer.

According to some trade-unions responsibles, there is still a hope till October 11th, day of a decision of the Nanterre court. The Angers Technicolor factory is the last factory producing telecomunications items and audiovisual equipments the Technicolor group still owns in Europe. In 2011, it lost an important contract about decoders for France Telecom in which the French state has about 27% of the capital, others belong to private stockholders.

A few weeks ago, the new prime minister, Jean-Marc Ayrault told "we are not going to give up the employees in spite of the fact [the former government ]has let spoiled the situation too much time". A few weeks before, the Angers company attracted some interest during the electoral campaign. For the city, with Technicolor, a symbol of the industralization of would close (it was set up in the town in 1957). It would be neverthelesse hopeful that this (new) shock be a opportunity for Angers representatives and inhabitants to think about the loss of competitivity of the territory.