AMIENS, France, Feb. 1 (UPI) -- Tire maker Goodyear said it would close a plant in northern France after negotiations with a workers group failed to turn the plant's fortunes around.
Radio France Internationale reported Friday closing the plant would end 1,173 jobs.
Advertisement
Goodyear Dunlop Tires France said the plant loses money and its fortunes are apt to deteriorate with much of Europe in a recession.
"We are deeply disappointed that five years of negotiations were not enough to reach a compromise with representatives of workers at Amiens Nord. Today's announcement was the only option left to us," the company said.