PARIS, Oct 19 (Reuters) - The French government presented
Bridgestone with a rescue plan on Monday to save one of
the Japanese tyre-maker's plants in northern France, industry
minister Agnes Pannier-Runacher said.
Bridgestone, which announced its plans to close the facility
one month ago, is willing to examine the proposal, according to
She said the bailout involved a roughly 100 million euro
investment that would safeguard the jobs of more than half of
the 863 employees at the Bethune site.
"I had a shareholder who wasn't interested in reexamining
the case. Now it is," Pannier-Runacher told a press conference,
adding she did not exclude the involvement of the French state.
Bridgestone said in mid-September that shutting down the
plant was the only response to excess capacity and safeguarding
There was no immediate reaction from Bridgestone on Monday.
Xavier Bertrand, who heads the Hauts-de-France regional
authority and is a candidate for the conservative ticket in the
2022 presidential election, said he wanted a quick answer from
"If it's a no, we'll enter into a battle to get the most for
(the plant's) employees," Bertrand told the same news
conference. "Because that's not how you pull out in France."
(Reporting by Jean-Stephane Brosse; Writing by Richard Lough;
Editing by Benoit Van Overstraeten and Hugh Lawson)