A year after her “sister factory”, aluminum foundry of Poitou in turn closes

The foundry of Ingrandes, in Vienne, will be put into liquidation Tuesday, July 5. Its 280 employees will be dismissed.

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They formed together the “Foundries of Poitou”, in the plural. A year almost to the day, after the closure of the sister factory, specializing in cast iron, the aluminum foundry of Ingrandes-sur-Vienne (Vienne), near Châtellerault, should in turn be put into compulsory liquidation, Tuesday July the 5th. His fate was sealed by the Paris Commercial Court during a hearing on June 21. Its 280 employees will be dismissed, like their 292 comrades, a year earlier.

The two foundries of automotive parts shared the same and unique principal: Renault. The manufacturer had established them in Vienne forty years ago, to relocate the activity of its historic factory of Boulogne-Billancourt (Hauts-de-Seine). Until the production stopped on June 30, “the aluminum” produced cylinder heads.

“We have the feeling of an enormous industrial and social mess. We could have found a solution to maintain jobs and convert the site, estimates Jean-Philippe June, CGT union delegate and spokesperson for the CGT inter-union -CFE-CGC. We hear a lot of discourse on relocation and reindustrialisation. But the reality is that in our small campaigns, all firm. “

preliminary investigation for abuse of social goods and laundering

The eddies, for the two sites, started in 2018, with the diesel crisis. They are, in turn, placed in receivership, before being taken over in 2019 by the Liberty House group, one of the companies of GFG Alliance, conglomerate of the Indo-British magnate Sanjeev Gupta, with opaque functioning. With, at the time, Renault’s commitment on a volume of orders for four years and an investment promise of the buyer in the diversification of the sites.

But the promise will not be held. When, in March 2021, Greensill, the main financial partner of GFG Alliance filed for bankruptcy, all the group companies vacillated. In Ingrandes, employee representatives immediately alert on the disappearance of a loan guaranteed by the State of 18 million euros, granted to the aluminum foundry a month earlier. The money, paid by Greensill, only transitted forty-eight hours on the Société Générale des Fonderies account, before returning to Germany. The preliminary survey for abuse of corporate goods and laundering, entrusted to the Central Office to Combat Corruption and Financial and Fiscal Offenses (OCLCIFF), is still underway. Searches took place in April.

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/Media reports.