China Textile Fabric,Uniform Fabric,Cotton Fabric Supplier & Manufacturer & Factory Textile Fabric News Soaring energy prices may force French textile industry to move abroad

Soaring energy prices may force French textile industry to move abroad



French financial news channel BFMBusiness reported on December 3 that the textile industry is threatened by the recent surge in energy prices. Take the French-American joint ventur…

French financial news channel BFMBusiness reported on December 3 that the textile industry is threatened by the recent surge in energy prices. Take the French-American joint venture Dickson Constellation (DC) as an example. The company specializes in the production of household fabrics and textiles such as sunshade blinds. It built a new factory near North Farrier two years ago. The American shareholders invested 70 million euros and had 150 employees when the factory was built. The business is booming and now has 500 employees, and 80% of its products are exported.

However, this boom is facing a cruel threat from soaring energy costs. Its CEO Eugène Deleplasdfssdfsnque said that the annual energy costs are currently about 2.8 million euros and are expected to increase to 4 million next year. times, it will even exceed its salary costs by then, so it is time to evaluate the option of relocation. In order to save costs, some production has been moved to nights and weekends, and every effort has been made to maintain business operations in Northern France, but this is still not a long-term solution.

Even if there is a long-term plan, the company must be profitable in order to operate sustainably. Corporate executives hope to retain all employees and try to maintain competitiveness, but if there is no solution for many years, they will eventually Unsustainable. Therefore, we call on the government authorities to provide necessary assistance according to energy-intensive industries. </p

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Author: clsrich

 
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