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You are here: Home1 / Derek Mackay

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Michelin: Dundee closure to cost £180 million through to 2021

Company News, UK News
Michelin

Michelin calculates that closing its tyre factory in Dundee will cost the company £240 million until the end of 2021, however it expects to partially offset this cost with £60 million of savings during this period and then make annual savings of £40 million thereafter.

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Related news:

  1. Scottish Enterprise investing £4.5 million in Michelin Dundee plant project
  2. First meeting: Michelin Dundee Action Group
  3. Michelin Development relaunched to support job growth in Dundee area
  4. Half a century of Michelin tyre making ends in Dundee
20th November 2018/by Stephen

First meeting: Michelin Dundee Action Group

UK News

Work to find a sustainable future for the Michelin Dundee plant is now underway – after Scotland’s Economy Secretary Derek Mackay convened the first meeting of the Michelin Dundee Action Group yesterday. Meeting in Dundee, Mackay tasked the group with exploring what can be done to retain the plant in Dundee and how it could be repurposed in the future towards manufacturing related activity.

Read more

Related news:

  1. Dundee closure ‘supports Michelin’s intent to accelerate cost savings’ – analyst report
  2. Michelin Dundee closure: Scotland’s Economy Secretary convening action group
  3. Michelin: Dundee closure to cost £180 million through to 2021
  4. Michelin Development relaunched to support job growth in Dundee area
13th November 2018/by Stephen

Michelin Dundee closure: Scotland’s Economy Secretary convening action group

UK News

Scotland’s Finance and Economy Secretary, Derek Mackay, held urgent talks yesterday with trade unions and the management of Michelin Tyre Company Ltd. to discuss the future of the Dundee car tyre plant, following confirmation of Michelin’s intention to close the plant by 2020.

Read more

Related news:

  1. Michelin closing Dundee tyre factory
  2. Dundee closure ‘supports Michelin’s intent to accelerate cost savings’ – analyst report
  3. First meeting: Michelin Dundee Action Group
  4. Michelin temporarily closes some European factories, car tyre demand down 9%
8th November 2018/by Stephen

Scottish Government invests £2.5 million to cut emissions

UK News

Harmful emissions from Scotland’s public sector fleets will be further reduced thanks to a £2.5 million Scottish Government investment announced by the Minister for Transport and Islands Derek Mackay. The ‘Switched On Fleets’ initiative provides a major funding boost and is aimed at driving forward public sector fleets’ green credentials by increasing the number of electric vehicles on the road.

Read more

Related news:

  1. Michelin Dundee closure: Scotland’s Economy Secretary convening action group
  2. Goodyear Dunlop awarded UK police, public sector contracts
  3. First meeting: Michelin Dundee Action Group
  4. Michelin: Dundee closure to cost £180 million through to 2021
2nd March 2015/by Andrew

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