Goodyear Reducing Truck Tyre Production in Luxembourg
The output of truck tyres from Goodyear’s facility in Colmar-Berg, Luxembourg will be significantly reduced until the end of this year. The reason for this decision, the company disclosed in a press statement, is the strong decline in Europe’s truck tyre market, with sales figures much lower than expected. This occurrence has, Goodyear adds, resulted in a steady increase in the overall stocks of truck tyres held by the company.
To reduce this excess stored capacity, all truck tyre production facilities in the region, including the company’s factory in Wittlich, Germany, will implement their own individual measures. In Colmar-Berg, production is decreasing to six days a week as of September 7 and the Christmas operating pause will be extended to a total of ten days. Truck tyre production is the only facet of the company’s operations to be affected by this decision. All other activities, including the manufacture of earthmover tyres, will continue as normal.
“Together with our social partners we have developed an action plan which prevents the layoff of any Goodyear employees,” said John Jentgen, Director Manufacturing, Luxembourg Complex. Employees have been encouraged to use their residual leave time before the possible introduction of shorter working days, the company adds. Goodyear, with 3,300 staff in Luxembourg, is the country’s fifth largest employer.