Alstom in talks with France on plant shutdown
PARIS, September 13, 2016
Alstom, the French maker of TGV trains, said on Tuesday it was in discussions with the government over its controversial plan to close a plant in eastern France and would take no action until the talks had ended.
Chief executive Henri Poupart-Lafarge had told staff earlier on Tuesday that he intended to press ahead with the planned closure of the Belfort site, which unleashed a political furore when announced last week.
"No decision will be taken before [the talks] are concluded," the company said in a statement.-Reuters