HomeEconomyEnergy prices: a relocation risk for the textile industry?

Energy prices: a relocation risk for the textile industry?

Dickson Constant, which makes fabrics for blinds in particular, is a prosperous French-American company based in northern France. But now it is threatened by high energy costs.

Almost two years ago, Dickson Constant announced the construction of a new factory near Lille. US shareholders then invested 70 million euros and 150 people were hired. So much so that today the company employs 500 people in northern France and exports 80% of its production.

A thriving situation that could hit high energy costs in the coming months and cause you to consider relocating.

According to its general director Eugène Deleplanque, the cost of the energy bill today reaches 2.8 million euros per year. But it should be multiplied by four from next year.

Therefore, the amount of Dickson Constant’s energy bill will exceed the cost of your payroll.

Part of the production changed to night and weekend

To anticipate this considerable additional cost, the company has already moved some of its production to nights and weekends. And if his CEO says he’s doing everything he can to maintain his business in the north of France, he won’t be able to hold out for long.

“Our shareholders are sensible people who look to the long term, but also want us to run our businesses profitably,” explained Eugène Deleplanque.

The CEO of the textile company asks the authorities to grant the textile sector the same aid that is granted to large energy consumers.

Author: Pauline Tattevin with NLC
Source: BFM TV

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