You are here: / closure of factories

Posts

German taxpayers funding Indian tyre factory expansion

Tyre manufacturers have announced the closure of several factories within Germany in recent times, not least as a result of cost competitive competition from abroad. This has not stopped the Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a development bank indirectly owned by Germany’s federal and state governments, from providing JK Tyre & Industries Ltd with a long-term loan of 30 million euros to help it expand a plant in India.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Not competitive enough – Michelin confirms plant closures in Germany
  2. JK Tyre joins RE100
  3. It’s “high time” for anti-dumping duties, says JK Tyre & Industries’ Singhania
  4. JK Tyre now 26% shareholder in Treel Mobility Solutions
/0 Comments/by

France plant closures – Michelin provides negotiations update

,

Michelin has shared information about its negotiations with unions on 3 and 4 December regarding the planned closure of two factories in France. These negotiations aimed to outline a structured approach to supporting employees affected by forthcoming organisational changes.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. France: Michelin, unions agree on support programme for redundant employees
  2. Michelin, unions negotiate framework for France plant closures
  3. Michelin closing another 2 plants in Europe
  4. Michelin to close truck tyre factory in France
/0 Comments/by

Michelin, unions negotiate framework for France plant closures

,

On 3 and 4 December, Michelin management met with representatives from the unions CFDT (French Democratic Confederation of Labour), CFE-CGC (CEC European Managers), FO (Workers’ Force), and SUD (Solidarity Union) – collectively known as the ‘Intersyndicale’ – to negotiate the procedural framework for the proposed closure of its Vannes and Cholet tyre plants in France. As the CFDT reports, these discussions culminated in a draft agreement outlining key points for structuring the negotiations. This agreement, adds the union, should also ensure “employee support” throughout the process.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. France: Michelin, unions agree on support programme for redundant employees
  2. Michelin closing another 2 plants in Europe
  3. Michelin to close truck tyre factory in France
  4. Michelin temporarily closes some European factories, car tyre demand down 9%
/by

Sumitomo USA factory closure moves production capacity overseas – reports

The Sumitomo Rubber USA tyre factory in Tonawanda, New York

Following the news that Sumitomo Rubber USA is closing its Buffalo, New York state tyre factory, further details have emerged relating to the context of the closure. Arguably the most headline-grabbing news is the suggestion that the factory has been closed in order to move production “overseas” and therefore outside the USA, according to local news reports. Furthermore, prior to the closure, Sumitomo reportedly sought to sell the tyre plant. However, no buyers emerged, leaving closure as the only option.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. SRI closing USA tyre plant
  2. Goodyear Tonawanda Plant to Benefit from Spartanburg Closure
  3. Falken manufacturer SRI reports strong H1 2024 results
  4. Continental distributes first Clinton, Mississippi-made truck tyres
/3 Comments/by

Yokohama Rubber closing Israel OHT plant

After more than seven decades in operation, the Yokohama Rubber Co. Ltd. (YRC) plant in Hadera, Israel will stop producing tyres by the end of this year. The tyre maker announced today that it will cease operations at the former Alliance Tire Group (ATG) facility as it is becoming increasingly uncompetitive against plants in the Asia region.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Yokohama rebrands ATG business
  2. YOHT opens 3rd plant in India
  3. $171m investment: Capacity at Yokohama OHT’s new plant to double
  4. Yokohama consolidates OTR tyre businesses into Yokohama Off-Highway Tires
/by

SRI closing USA tyre plant

,
The Sumitomo Rubber USA tyre factory in Tonawanda, New York

The days of Falken and Dunlop tyre manufacture in North America are numbered. During a Board of Directors meeting held today, Sumitomo Rubber Industries, Ltd. (SRI) resolved to end production at the Tonawanda, New York-based plant operated by its Sumitomo Rubber USA, LLC (SRUSA) subsidiary, and to dissolve the subsidiary after “making the necessary preparations.” This decision affects up to 1,555 employees.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. New year, new business structure – SRI making changes in North America
  2. SRI to “optimise” tyre business portfolio
  3. SRI to stop Dunlop production at US plant, focusing on Falken brand
  4. Falken tyre prices going up in North America
/by

Michelin closing another 2 plants in Europe

More bad news for European tyre making has arrived in the form of Michelin’s decision to close its Cholet and Vannes plants in France by early 2026 at the latest. The company announced this planned measure to the two facilities’ 1,254 employees this morning. When added to the approximately 1,500 employees at three locations in Germany, where operations will cease by the end of 2025, Michelin has announced some 2,750 job cuts within Europe in the past year.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Michelin to close truck tyre factory in France
  2. Michelin temporarily closes some European factories, car tyre demand down 9%
  3. Tyre demand declining 15 to 26 per cent in 2020
  4. Michelin closing Dundee tyre factory
/by

Plant closure – Bandag to consolidate European retreading

, ,

Retreading operations at the Bandag facility in Lanklaar, Belgium will cease in the coming months. In a statement issued today, Bandag Europe NV announced its intention to close the retreading plant, most likely in the first half of 2025. The company stresses that it has “no other option than to take structural measures” such as this in response to the “significant decrease” in the European retreading market over the past ten years, a trend that has resulted in production overcapacity and uncompetitive production costs.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Bridgestone temporarily closes, slows tyre production at European factories
  2. Bridgestone celebrates 10th anniversary of Bulldog acquisition
  3. Bridgestone lifts Bulldog production, invests in UK retreading as duties drive demand
  4. SSH embarking on £75 million Renfewshire, Scotland tyre processing plant project
/by

Sell us your factory for one euro, German town tells Goodyear

,

Despite strong employee efforts to preserve Goodyear’s Fürstenwalde/Spree tyre production facility in Germany, its future now appears bleak, with closure looming. The plant, which employs around 750 workers, will gradually shut down by the end of 2027. Job cuts may begin as early as next year, although the mixing operation will remain at the Fürstenwalde site.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Goodyear closing plant in Malaysia
  2. Rubber association pessimistic about Germany’s tyre making future
  3. Goodyear’s Philippsburg plant to cease production by end of July
  4. Goodyear’s German factory closures will cost ~$600 million, save $120 million yearly by 2027
/by

Michelin closing Trier, Germany plant by year’s end – sizeable severance payouts

,

We learned late last year that three Michelin plants in Germany will partially or fully close by the end of 2025, a measure affecting around 1,500 employees at the Homburg, Karlsruhe and Trier facilities. The tyre maker now intends to end operations in Trier earlier than originally indicated; Michelin is giving workers the choice between substantial severance payments, a well-paid transition to retirement or employment elsewhere via move into a ‘transfer company’.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Brexit OE tyre red-alert
  2. Michelin closing Bamberg tyre plant in Germany
  3. Continental announces plan for Aachen site – production ending in 2022
  4. Uncertain future for 3 Michelin plants in Germany
/by

Kenda shuts Shenzhen tyre factory

On 31 May, Kenda chairman Yang Chi-Jen revealed some of the tyre manufacturer’s operations at the shareholders’ meeting. In his words, the company’s Phase II project at its Shenzhen factory in China stopped production on 1 June and was converted into a sales centre and shipping warehouse. After the suspension of production, the products distributed to the southern Chinese market will come from Kenda’s other tyre manufacturing bases, including the Kunshan and Tianjin factories. Before the suspension of production, the project mainly produced motorcycle tyres.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Cooper JV Plant Earns 9001:2008 Quality Certification
  2. Continental closing Aachen, Germany tyre factory
  3. Béthune tyre factory closure ‘the only viable path’: Bridgestone
  4. New Process Improvement Chief Named by Cooper
/by

Continental closing 2 Automotive sites in Germany

,

As part of measures outlined in February, on 26 March 2024 Continental announced the planned closure of its Wetzlar and Schwalbach sites in Germany. Both belong to the company’s non-tyre Automotive group sector.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Continental closing Aachen, Germany tyre factory
  2. Continental announces plan for Aachen site – production ending in 2022
  3. Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant
  4. Football: Continental signs up for 5 more years with Bundesliga club Hannover 96
/by

Goodyear closing plant in Malaysia

,

The Goodyear Tire & Rubber Company intends to close another production facility, this time far away from its European operation. The company will end tyre making at its plant in Shah Alam by 30 June 2024, with the closure process completed by the end of this year. Approximately 550 employees will be directly affected by the plant’s shutdown.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Goodyear closing Gadsden, USA plant
  2. Cooper begins consultation on plans to close Melksham factory by end of 2023
  3. ‘Part of Melksham DNA for more than century’ – local leaders react to Cooper Tire factory closure
  4. Rubber association pessimistic about Germany’s tyre making future
/by

High costs & bureaucratic hurdles – Michelin on Germany factory closures

,

Germany’s days as an industrial superpower are coming to an end, opined Bloomberg on 10 February. The media firm blames competition from the USA, the energy crisis and declining Chinese interest in German products for this development, but there are further factors to consider. Michelin, which plans to close several plants within the country, suggests that an excess of bureaucracy is contributing to Germany’s unattractiveness as a manufacturing site.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Not competitive enough – Michelin confirms plant closures in Germany
  2. Rubber association pessimistic about Germany’s tyre making future
  3. Continental closing Aachen, Germany tyre factory
  4. Uncertain future for 3 Michelin plants in Germany
/by

Pirelli – German plant important for OE business

Goodyear and Michelin are pruning their operations in Germany in the face of rising energy costs and increased competition from budget brands, and the local rubber industry association didn’t paint a rosy picture of the tyre-making future when it met in November, but one manufacturer has expressed commitment to its German manufacturing site. Pirelli says it has “no plans” to end production at its Breuberg plant.

Read more

Related news:

  1. Brexit OE tyre red-alert
  2. Continental announces plan for Aachen site – production ending in 2022
  3. Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant
  4. Pirelli ‘maintaining’ UK tyre manufacturing after Burton MIRS line closure reports
/by

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.