Hearing in the Senate on March 18 as part of a commission of inquiry into the use of public assistance for large companies and their subcontractors, Florent Menegaux, president of Michelin, said: “It’s not unusual for us to give them their money back.” He spoke about the 4.3 million euros received from the State in 2015 under the tax credit for competitiveness and employment (CICE) and which the group has chosen to allocate for the purchase of 8 machine tools destined for a truck tire manufacturing plant in La Roche-sur-Yon (Vendée). A factory that will close in 2020. Six of these machines were moved, starting in 2018, to other group locations in Romania, Poland and Spain.
The commission’s rapporteur, communist senator Fabien Gay worried,
