Workers at a failed French car parts supplier are threatening to blow up their factory unless the company’s two biggest clients – Renault and PSA Peugeot Citroen – stump up extra compensation, the FT reported. Employees of the engine parts maker New Fabris have rigged up a series of gas canisters inside a factory workshop which they say will be detonated on July 31 if the two carmakers fail to pay €30,000 to each of the 366 workers facing unemployment.

This entry was posted by Stacy-Marie Ishmael on Tuesday, July 14th, 2009 at 4:44 and is filed under Capital markets. Tagged with france, New Fabris, PSA Peugeot Citroen, renault, unemployment. Edit this entry.