Michelin North America has been ranked America’s best large employer by Forbes magazine. Naming the tyre maker the top company in its America’s Best Employers 2018 survey, Forbes commented that “Michelin may not be the first organisation that comes to mind when you think about corporate social responsibility, but its business model centres on sustainability.” The publication also noted that Michelin is a member of the United Nations Global Compact and acts as corporate partner to numerous good causes, also offering its employees the opportunity to participate in volunteering efforts.
In February, Continental announced plans to build a new commercial vehicle tyre plant in the US state of Mississippi and shared that the US$1.4 billion project would eventually create some 2,500 jobs. Construction of the plant is not scheduled to begin until 2018 and production won’t get underway until the end of the following year, however concerns have already arisen and even a protest held over the potential makeup of the plant’s construction team.
Following confirmation that ChemChina is set to buy Pirelli, the Italian manufacturer’s CEO, Marco Tronchetti Provera, has sought to re-assure employees that “the agreement with the Chinese will have no impact on employment”. Specifically this means R&D will remain in Italy, for example. For his part, Tronchetti was characteristically upbeat about the deal: “The opportunity with a partner like ChemChina is for the company to become bigger and to have a more effective penetration of the Asian market.”