Michelin plant closure points to wider tyre market squeeze

French tyre maker Michelin will close its BFGoodrich plant in Tuscaloosa, Alabama, by the end of 2028, affecting around 1,200 workers, as global tyre manufacturers continue to adjust to weaker demand, underused capacity and intensifying competition.  The company said production at the site will be reduced in phases from early 2027, with almost all BFGoodrich output transferred to its plant in Fort Wayne, Indiana. Michelin said […]