SI: Sony To Shut Down VHS Plant In France

[Christopher]

Sony said on Friday it has decided to close down its videocassette plant in France, with the rise of disk- and chip-based recording technologies cutting demand for the magnetic tape. The 24-year-old factory in Dax, France, employs 312 workers and makes around 8 million VHS videocassettes per month. It also produces 8 mm and Betacam SP videocassettes.

Sony said it expects to shut it down by the end of March but estimated costs from the closure are still unknown.

addthis_url = 'http%3A%2F%2Fwww.sonyinsider.com%2F2008%2F12%2F05%2Fsony-to-shut-down-vhs-plant-in-france%2F';

addthis_title = 'Sony+To+Shut+Down+VHS+Plant+In+France';

addthis_pub = '';

View the full article