Michelin announced on Thursday (25) that it will close operations at the BFGoodrich factory in Tuscaloosa, Alabama (USA), as part of a gradual restructuring process that will begin in 2027 and be completed by the end of 2028. The unit employs approximately 1,200 workers and will have its production discontinued in stages over the next two years. According to the French tire manufacturer, virtually all production currently carried out at the Tuscaloosa factory will be transferred to the Michelin unit in Fort Wayne, Indiana. The company reported that the decision is part of its strategy to optimize industrial capacity and improve operational efficiency in North America. As a consequence of the restructuring, Michelin also expects to record approximately €220 million (about US$250.4 million) in non-recurring expenses in its consolidated financial results for 2026.
This text was translated by machine from Brazilian Portuguese.