French group buys former Coindu factory in Arcos de Valdevez

Many of the 350 workers, who had been out of work after the factory closed in December, now find a light at the end of the tunnel.

The French group Nexteam bought Coindu, in Arcos de Valdevez, which closed in December last year, leaving 350 workers unemployed. The information was given by João Manuel Esteves, president of the Chamber, at the last executive meeting. According to the minutes of the meeting, João Manuel Esteves “noted that Nexteam acquired Coindu’s facilities and that it will increase its activity in the aeronautics sector and jobs”. In statements to Jornal d…