EMCC European Monitoring Centre on Change

ZF Sachs Suspension

Company/Organisation:
ZF Sachs Suspension

Geographic Location

Country: France
Region: Oise; Picardie; Bassin Parisien
Location of affected unit(s): Mouy

Company

Sector: Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Number Employed: 219
Group: ZF Sachs

Employment Effects

Announcement Date: 26-02-2009
Planned Job Reductions min: 219
Planned Job Reductions max: 219
Type of Restructuring: Closure
Foreseen End Date: 31-12-2009
Direct Dismissals: 219

Additional Information

A French subsidiary of the German manufacturer of automotive equipment and motors, ZF Sachs, announced the closure of its site in Mouy (Oise) employing 219 people by the end of 2009. The decision to close the site is a response to a decline experienced in the activity since 2001 following the pull out of Renault among its main clients, amplified by the crisis in the automotive sector.

In 2006 the workforce had been reduced as a result of offshoring, with part of the production going to Turkey and Poland.