Paris suburb hopes the blues can save Peugeot site
PARIS (Reuters) - A Paris suburb hopes a blues festival will help persuade U.S. investors to put money into the redevelopment of a local PSA Peugeot Citroen car factory that is due to be closed.
Aulnay-sous-Bois Mayor Gerard Segura plans to show a delegation of entrepreneurs from Louisiana and U.S. embassy representatives around during the "Aulnay All Blues" festival on Wednesday in a bid to find new uses for the Peugeot site.
The music festival runs until Saturday and includes performances from New Orleans musician David Batiste, playing alongside sons Russell, Jamal, Ryan and Damon.
"Such are the coincidences of history, but the links formed first with Chicago and now with New Orleans will perhaps enable us to combine an economic initiative with a cultural one," Segura said by phone.
The French automaker plans to shut the Aulnay plant in 2014, which employs 3,300 full-time workers, as it reorganizes under-used domestic production capacity to help reverse mounting losses.
Unions have pledged to fight the closure, while local officials have warned of a social disaster in an area that already suffers from high unemployment and crime. Peugeot has promised to seek new investors for the site.
(Reporting by Gilles Guillaume, editing by Paul Casciato)
- Tweet this
- Share this
- Digg this
- Indian firms tool up for defence orders on Modi's 'buy India' pledge
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- Chopra joins Tendulkar-owned team in new Indian league
- India to tighten up banking risk management - Jaitley
- China economy fears deepen as August HSBC flash PMI at three-month low
“Katiyabaaz” takes a compelling look at an enormous problem, and transforms the mundane, all-too-familiar reality of India’s power crisis into a gripping tale of Indian ingenuity and battle for survival. The movie releases on Friday; watch it if stark reality on celluloid does not leave you feeling bored, short-changed or overwhelmed, writes Anupriya Kumar. Review