DOUARNENEZ, FRANCE – The French government is offering one million euros in interest-free loans to entities that would take over and reestablish Asteel Flash's recently closed manufacturing site here.

Asteel closed the factory Sept. 4 and laid off the last of the 134 employees.

According to Ouest France, Finistere prefect Pascal Mailhos announced the free loans would be available to companies of Cornwall interested in reindustrializing the site.