Technicolor : black screen

Since the jugment of the Nanterre bankrupcy court on Thursday, Technicolor, previously Thomson, belongs to the industry past of Angers. About 350 employees, most of them in the factory for numerous years, find themselves without job. And the end of a gloomy day for them and the Angers city whose Technicolor was an industrial symbol, silence and dark hung over the factory : the car park was empty, the doors closed and, except two red fashing lights looking to a medical alarm, the frontside without lights...

A back banner has been set up along the fences of the factory : "plot of land for sale". That one has already buyers : Angers city and Angers Loire Métropole which want to maintain to the place its industrial purpose. That will not be easy because the loss of competitiveness of the site is largely due to careless national measures, and first of all the preposterous reduction of the work time whose Technicolor employees foot the bill. 

It is possible that Technicolor has organized the liquidation of its last industrial site in Europe because consumers of tv decoders want lower prices. But it is also sure that the French state, which owns about 27% of the capital stock of Technicolor, was unable to ensure a workload to Angers Technicolor to overcome the necessary period for a possible takeover. That demonstrates that Angers must think about the local ways to recover from such a disaster.