Forges de Tarbes Faces Insolvency, Sparks Calls for Nationalization Amid Strategic Defense Concerns
The Forges de Tarbes, last French producer of 155mm artillery shells, faces insolvency, prompting calls for nationalization due to its strategic defense importance.
Key details
- Forges de Tarbes filed for judicial recovery due to insolvency.
- It is the last French factory producing 155mm shells for the Caesar cannon.
- Europlasma, the owner, promised but failed to deliver modernization investments.
- Calls have arisen for government intervention and nationalization.
- The factory is vital for national and European defense capabilities.
The Forges de Tarbes, France’s last manufacturer of 155mm artillery shells for the Caesar cannon, has filed for judicial recovery due to insolvency, raising alarm within defense and political circles. The factory, crucial for both national and European defense capabilities, employs around sixty workers but has been plagued by financial difficulties and postponed investment plans.
Owned by Europlasma since 2021, the company has reported significant losses and seeks to divest its defense activities. Proposed modernization investments aiming to increase production capacity to 15,000 shells per month by 2025 were promised in 2023 but have yet to materialize, deepening uncertainty about the plant's future. Workers have voiced dissatisfaction with scant governmental support as their conditions deteriorate.
Political figures have highlighted the factory’s vital role. Sylvie Ferrer, a Hautes-Pyrénées member of parliament, expressed deep concern over the decline, while Carole Delga, president of the Occitanie region, stressed the strategic importance of maintaining domestic shell production. Furthermore, local authorities have mandated compliance upgrades of factory equipment by December to avoid closure.
Amid this crisis, leftist party La France insoumise intends to propose a parliamentary amendment advocating for the factory’s nationalization, noting Europlasma’s struggles not only at Tarbes but also at its other locations: the Fonderie de Bretagne and Valdunes.
This industrial challenge unfolds as France's broader economy grapples with high energy prices, inflation, and social unrest, which threaten consumer spending and economic stability. Though the economic storm impacts the country globally, the potential collapse of the Forges de Tarbes underscores urgent questions about preserving critical defense manufacturing sovereignty.
With judicial recovery ongoing and governmental decisions pending, the fate of the Forges de Tarbes remains uncertain but critical for France’s defense autonomy and industrial resilience.