MICHELIN
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Michelin to Provide $1 Million for Business Loan Program
infomine - mining equipment and supplier news | July 9, 2009On Sept. 1, Michelin North America will launch a new development program to provide loans to new and existing disadvantaged small- and medium-sized businesses located in the Upstate of South Carolina….more at Tire Review Online
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Michelin to 'specialize' plants in France
infomine - mining equipment and supplier news | June 19, 2009Groupe Michelin plans to develop its Moncteau, France, plant into a "high performance facility" for earthmover tires and make its Tours, France, factory "a benchmark for high-tech truck tires in Europe," according to Michelin officials….more at MTD
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Michelin Restructuring Program Could Save 150 million euros Annually
infomine - mining equipment and supplier news | June 19, 2009Michelin’s domestic labour reorganisation program, (announced on June 17) will save the company between 100 and 150 million euros a year, according to Deutsche Bank research analyst Gaetan Toulemonde….more at Tire Review Online
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Michelin to Invest £887 Million in India
infomine - mining equipment and supplier news | June 19, 2009It is cutting back in France, yet planning big in India – Michelin is reportedly planning to invest some Rs 70 billion (£887 million) there over the next decade….more at Tire Review Online
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Report: Michelin to Cut 1,500 Jobs in France
infomine - mining equipment and supplier news | June 17, 2009(Reuters) Michelin is to cut 1,500 jobs in France as part of measures the French tyre group will announce on June 24 to weather a collapse in global demand for tyres, newspaper Le Monde said on Tuesday.
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Michelin Q1 sales fall 14.2 percent to ¤3.5B
infomine - mining equipment and supplier news | May 1, 2009PARIS (AP) – Michelin SCA said Tuesday its sales fell 14.2 percent to ¤3.5 billion ($4.5 billion) in the first quarter as demand for tires slumped in all the French tire maker's markets other than China….more at PR-Insider.com
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ANNOUNCEMENT
Orezone Completes the Sale of Sega to Cluff Gold for $26.5M
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.
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