It is a respite but short-lived.

The unions of the Poitou Alu Foundry reached a financial agreement on Tuesday evening with Renault, the only customer of this automotive subcontractor in receivership, to produce cylinder heads until June 30, the probable date of closure of the factory, we learned on Wednesday from the CGT / CFE-CGC inter-union of this company of 300 employees.

“On our side, we will have to produce 75,000 cylinder heads for Renault by then,” Jean-Philippe Juin, CGT union representative, told AFP.

Next meeting April 21

The Paris Commercial Court is expected to rule on Tuesday on an “extension of the observation period [of the receivership]” until June 30, a liquidation before this date remaining however possible.

The inter-union is also continuing its negotiations with the State on “social support” for future licensees.

In particular, she wants an early retirement for those over 57, which the state refuses according to Philippe June.

Their next meeting is scheduled for April 21.

Fonderie du Poitou Alu, based in Ingrandes-sur-Vienne, was a subsidiary of the Alvance group of Indo-Briton Sanjeev Gupta until it was placed in receivership a year ago.

In difficulty for several years, this automotive subcontractor has failed to find a buyer.

The adjoining factory, Fonderie du Poitou Fonte, which produced diesel crankcases for Renault, closed its doors this summer.

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