The consultation procedure for the planned shutdown of ArcelorMittal Tailored Blanks’ Ghent facility has concluded. Management considered alternative proposals submitted by employee representatives.
In a note obtained by Kallanish, ArcelorMittal describes the dialogue as “transparent and constructive”. The company and social partners negotiated a social plan which guarantees alternative employment within ArcelorMittal Belgium for staff wishing to stay under existing pay conditions. The plan includes a voluntary exit programme, including financial incentives.
On 20 February, 71.11% of the affected workforce voted in favour of the proposed package. The matter will now be submitted to the board of directors for a final ruling on the restructuring plan.
The Ghent facility, which employs 90 workers, has faced a sharp decline in volumes and substantially reduced margins, which have led to accumulated losses over several years. It has been directly impacted by the contraction in Europe’s automotive manufacturing sector. It produces laser-welded blanks, with engineering and manufacturing facilities worldwide.
The company previously stated it remains “the leading supplier of tailored blanks in Europe and is fully committed” to serving automotive sector customers (see Kallanish 12 January).
