Michelin plans BFGoodrich production shift to Fort Wayne, winds down Tuscaloosa plant by 2028

ريثيون

RAYTHEON TECHNOLOGIES CORPORATION

RTX

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  • Michelin outlined a reorganization of BFGoodrich manufacturing in the US, ramping down the Tuscaloosa, Alabama plant from early next year.
  • Wind-down is expected to finish by end-2028; most BFGoodrich production will be consolidated at the Fort Wayne, Indiana plant.
  • Management cited sustained underutilization at both sites, driving structural inefficiencies; consolidation targets a leaner industrial footprint.
  • The Tuscaloosa plant employs about 1,200 people.
  • Michelin expects a provision of about EUR 220 million in non-recurring expenses in its 2026 consolidated results.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Compagnie Générale des établissements Michelin SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606251135OMX_____CNEWS_EN_GNW1001209649_en) on June 25, 2026, and is solely responsible for the information contained therein.