Michelin to close Alabama BFGoodrich plant by end of 2028
Michelin is moving to wind down tire manufacturing in Alabama over a multi-year period as it reshapes production for its BFGoodrich brand in the U.S. The closure process at the Tuscaloosa plant is set to begin in early 2027 and affects a site that employs 1,200 people.
Highlights
- Michelin will close its BFGoodrich tire plant in Tuscaloosa, Alabama in phases starting 2027, completing shutdown by end of 2028.
- Nearly all BFGoodrich tire production from the Tuscaloosa site will shift to Michelin's plant in Fort Wayne, Indiana, concentrating U.S. manufacturing operations.
- Michelin expects to record a provision of about 220 million euros ($250.38 million) in non-recurring expenses in its consolidated 2026 results.
Closure plan and production shift
As reported by Michelin, the company plans to shut its BFGoodrich tire plant in Tuscaloosa, Alabama, in phases from early 2027, with the closure expected to be completed by the end of 2028. Nearly all BFGoodrich tire production from the site will shift to Michelin's plant in Fort Wayne, Indiana, according to the company's statement.Michelin also says it expects to record a provision of about 220 million euros, equivalent to $250.38 million, in non-recurring expenses in its consolidated 2026 results. The company does not say whether that provision is tied specifically to the Alabama closure, and it does not say whether affected employees will be offered positions at other locations.
Regional workforce and industry impact
The Tuscaloosa plant currently employs 1,200 people, making the closure a significant industrial change for the local manufacturing base. The phased timetable extends over roughly two years, giving Michelin a longer transition window as it reallocates production capacity within its U.S. network.The move also points to further concentration of BFGoodrich manufacturing in Indiana as the tire maker adjusts operations and costs. For Alabama, the planned shutdown signals a future loss of industrial jobs, while for Michelin it adds a notable one-off charge to its 2026 financial results.
In our earlier article on Oracle’s fiscal 2026 restructuring, we noted the company cut roughly 21,000 jobs and booked about $1.84 billion in severance and restructuring costs alongside heavy capital spending that pushed free cash flow negative. We also highlighted that the stock faced sustained downside pressure as investors weighed liquidity concerns and execution risk during the overhaul.
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