France’s Oldest Factory, Dating Back More Than 500 Years, To Close

Posted by admin on Jan 24, 2014

What is believed to be the oldest factory in France, dating back to 1478, is set to close its doors. The Docelles paper mill employs 161 people, and while its Finland-based owner UPM is open to the sale of the mill’s machinery and property, the workers will lose their jobs.

Minister for industry, Arnaud Montebourg, has said he will look to help find a buyer, while the workers themselves have spoken of setting up a co-operative to protect some jobs.

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