HOUSTON (ICIS)–US tyre major Goodyear plans to
close two tyre plants in Germany, affecting
1,750 jobs, it said in a regulatory filing.

The closures are part of a strategy to improve
Goodyear’s competitive position and reduce its
production cost per tyre in the Europe, Middle
East and Africa (EMEA) region, it said.

The closures of the plants at Fulda, northeast
of Frankfurt, and Furstenwalde, near Berlin,
are expected to be completed by 2025 and by the
end of 2027, respectively.

The company had
previously planned to reduce production at
the Fulda tyre plant by 50%, but is now moving
to permanently close the plant.

Goodyear intends to continue operating its
mixing centre at Furstenwalde.

Earlier this week, Goodyear announced that it
will pursue “strategic alternatives” for its
chemical business, its Dunlop brand
and its off-the-road equipment tyre business.