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You are here: Home1 / factory closure

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‘Part of Melksham DNA for more than century’ – local leaders react to Cooper Tire factory closure

Company News, UK News

Wiltshire politicians and Unite union representatives have reacted to the news that Cooper Tire plans to end tyre production at its Melksham plant by the end of 2023. Speaking to local news source, the Wiltshire Gazette & Herald, Michelle Donelan, MP for Chippenham, offered her support to workers, while Melksham’s mayor emphasised the longevity and importance of the manufacturing site in the town’s history. With the plant’s 350-strong workforce represented by Unite, union leader Tony Hulbert railed against the timing of the announcement, given the UK’s spiralling cost-of-living crisis.

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Related news:

  1. Cooper begins consultation on plans to close Melksham factory by end of 2023
  2. Cooper announces plan to end light vehicle tyre production at Melksham
  3. Cooper Melksham cutback plans to proceed after consultation ends
  4. Goodyear investing 16.5 million euros in Montluçon motorcycle tyre production, ends light-truck tyre making
19th October 2022/by Andrew

Cooper begins consultation on plans to close Melksham factory by end of 2023

Company News, UK News
Cooper Tire

The Cooper Tire & Rubber Company Europe plans to close its UK tyre manufacturing plant in Melksham, Wiltshire by the end of 2023. The company will now begin a consultation process on the proposed closure involving 350 Cooper employees and the relevant employee representative bodies. Previous cutbacks at Cooper’s Melksham plant, one of the few new tyre producers remaining in the UK, were announced in 2018. Car and SUV tyre manufacturing were moved to newer facilities in the company’s manufacturing footprint, such as its plant in Serbia. The remaining functions of the site were the production of motorsport and motorcycle tyres, as well as the company’s Europe headquarters and Technical Center. The merger of Cooper and its new parent company The Goodyear Tire & Rubber Company was finalised in June 2021 following the announcement of its acquisition in February. Goodyear approved a plan to streamline its global administrative structure in the second quarter of 2022.

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Related news:

  1. Cooper announces plan to end light vehicle tyre production at Melksham
  2. Cooper Melksham cutback plans to proceed after consultation ends
  3. Goodyear Dunlop Tyres UK MD on proposed closure of Wolverhampton plant
  4. Cooper Tire Europe restarting manufacturing in Melksham
13th October 2022/by Andrew

Bridgestone closing truck tyre plant in China

Company News, International News

As part of the global footprint restructuring announced as part of its Mid Term Business Plan (2021-2023), Bridgestone Corporation is shutting one of the two truck tyre plants it currently operates in China. It will close the Bridgestone (Huizhou) Tire Co., Ltd. (BSHZ) facility by the end of 2021, consolidating its manufacturing footprint into the Bridgestone (Shenyang) Tire Co., Ltd. (BSSY) plant.

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  1. Giti confirms Chongqing truck tyre plant closure
  2. Another patent infringement suit win for Bridgestone in China
  3. Trademark infringement: Bridgestone wins another case in China
  4. Bridgestone net income up 39% in H1
7th December 2021/by Stephen

Bridgestone closing non-tyre facility in Japan

International News

Bridgestone Corporation is currently restructuring its non-tyre Diversified Products business and has announced its intention to close a factory in Japan as part of consolidation efforts related to production of automotive seat pads. It will close the Bridgestone Chemitech plant in Ageo, Saitama Prefecture in the fourth quarter of 2023 and consolidate operations within the three remaining facilities dedicated to automotive seat pad production – Bridgestone Chemitech’s Nabari and Hofu sites as well as Bridgestone Diversified Chemical Products’ Tosu plant.

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  1. Factory Closure And Reduced Profits For Bridgestone Corp.
  2. Bridgestone to close Japanese steel cord plant
  3. Pirelli restarts Venezuela production
  4. French government willing to invest in Bridgestone Bethune rescue
8th October 2021/by Stephen

Continental announces plan for Aachen site – production ending in 2022

Company News, International News

Tyre production at the Continental plant in Aachen, Germany will cease at the end of next year, if not earlier. This is one of the outcomes of talks between the company and representatives of Aachen plant employees. Continental has also published details of upcoming retraining programmes.

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Related news:

  1. Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant
  2. Continental closing Aachen, Germany tyre factory
  3. Aachen tyre plant: Continental blocking potential investors, says union
  4. Brexit OE tyre red-alert
28th April 2021/by Stephen

Pirelli ‘maintaining’ UK tyre manufacturing after Burton MIRS line closure reports

Company News, UK News
Google; CNES; Airbus; Getmapping plc; Infoterra Ltd & Bluesky; Maxar Technologies

Pirelli has reaffirmed its commitment to “maintaining industrial operations” at both its Carlisle and Burton-on-Trent UK factories after unions suggested the company was about to close its MIRS robotic production line in Burton. According to Unite, which represents all 280 members of the Burton tyre factory workforce, Pirelli has proposed cutting 80 jobs. In a statement published on 11 February 2021, Unite criticised Pirelli for “not taking up the furlough scheme for these workers, instead of pushing ahead with the redundancies.”

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Related news:

  1. Pirelli supports apprenticeship charter
  2. Michelin Dundee closure: Scotland’s Economy Secretary convening action group
  3. Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant
  4. Toyo closes loss-making Silverstone tyre plant in Malaysia
17th February 2021/by Chris

Toyo closes loss-making Silverstone tyre plant in Malaysia

Company News, International News
Silverstone

Toyo Tire Corporation is closing its loss-making wholly-owned Silverstone Berhad Malaysian tyre manufacturing subsidiary in June 2021. Established on 12 July 1986 and purchased by Toyo in 2011, Silverstone currently manufactures tyres for (primarily Malaysian) new vehicles and Silverstone branded tyres for the aftermarket as well as certain Toyo branded tyres. The dissolution of the Silverstone subsidiary (Silverstone Berhad) will commence by 31 December 2021.

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Related news:

  1. Toyo’s Shandong Silverstone acquisition finalised
  2. Toyo announces plans for new Malaysian tyre plant
  3. Michelin: Acquiring Multistrada will help meet growing tier 2 tyre demand
  4. Michelin now 99.64% owner of Multistrada
15th February 2021/by Chris

Plant closure could be “tip of iceberg” for new car supply issues – VRA

UK News
Geograph.co.uk

The latest temporary closure of Honda’s Swindon plant because of parts shortages could be the “tip of the iceberg” for new car supply issues in 2021, the Vehicle Remarketing Association is warning. Chair Philip Nothard said that the problem, believed to be caused by poor availability of semiconductors, was potentially a sign of things to come from all manufacturers.

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Related news:

  1. Honda pauses production at Swindon – again
  2. Honda closes Swindon car factory
  3. Brexit OE tyre red-alert
  4. Port problems cause Honda Swindon shutdown, pressurise UK tyre supply
19th January 2021/by Peter Gardner

Honda pauses production at Swindon – again

UK News
Geograph.co.uk

Honda will next week pause car production at its factory in Swindon; the third time it has done so in a little over a month. The Japanese car manufacturer said in a statement that output would be paused from Monday to Thursday next week, the longest such pause so far. It said that global supply disruption as a result of the coronavirus pandemic was responsible for the pause.

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  1. Honda closes Swindon car factory
  2. Apollo Vredestein ‘scaling back’ European production
  3. Cooper Tire reopening US and Serbia tyre factories
  4. SMMT March numbers do not reflect extent of lockdown damage – KPMG
13th January 2021/by Peter Gardner

Bridgestone in talks with 2 tyremakers about Béthune factory sale

Company News, International News
Bridgestone

Bridgestone announced plans to close Béthune, France factory back in September 2020. Now, however, the location looks likely to retain a role in the broader automotive sector after the Japanese tyremaker reported that it has identified 24 opportunities relating to the future of the site. Two of the options relate the sale of the site to other tyre manufacturers. Five of the identified projects concern the installation of new activities on the site in tyre and rubber fields as well as batteries and other sectors. Two of the proposals relate to “the installation of activities outside the site”. Nine projects are said to be in the study phase.

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Related news:

  1. Bridgestone temporarily closes, slows tyre production at European factories
  2. French government willing to invest in Bridgestone Bethune rescue
  3. Bridgestone confirms Béthune plant closure
  4. Honda closes Swindon car factory
15th December 2020/by Chris

Aachen tyre plant: Continental blocking potential investors, says union

International News

Strong words from one of the unions representing workers at the Continental tyre factory in Aachen, Germany. Speaking with Munich-based newspaper Süddeutsche Zeitung, IG BCE trade union chairman Michael Vassiliadis stressed that the planned job cuts “will be expensive”. He also claimed that Continental has turned away potential investors.

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Related news:

  1. Continental to expand restructuring programme to save 1 billion euros by 2023
  2. Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant
  3. France: Michelin, unions agree on support programme for redundant employees
  4. Continental shares set to continue outperforming estimates in 2021 – analysts
9th December 2020/by Stephen

Continental shares set to continue outperforming estimates in 2021 – analysts

Company News, International News

Financial analysts have reiterated their “buy” rating on Continental AG shares, while also raising price target from 150 euros from 123 euros previously. In short, Continental AG is expected to continue outperforming consensus estimates. Writing in an investors note dated 18 November, Jefferies equity research said: “Tyre margins will return to an industry leading greater than 15 per cent in full-year 2021. Conti remains among the least liked stocks in the sector which provides positive surprise potential.”

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Related news:

  1. Analysts highlight ‘difference in momentum’ between Continental and Michelin results
  2. Conti rated as ‘buy’ for ‘best cost base’ in the tyre business
  3. Conti looks back on ‘overwhelmingly positive’ year on the DAX
  4. Aachen tyre plant: Continental blocking potential investors, says union
18th November 2020/by Chris

Bridgestone confirms Béthune plant closure

Company News, International News

Bridgestone has confirmed its intention to close the Béthune tyre plant in France. The country’s Secretary of State for Economy and Finance, Agnès Pannier-Runacher, shared news about the decision yesterday. She tweeted that Bridgestone has “closed the door to continuing its activity in Béthune” and confirmed the plant’s closure. She added that the French government would work with employees to find a solution for everyone.

Read more

Related news:

  1. French government willing to invest in Bridgestone Bethune rescue
  2. Bridgestone temporarily closes, slows tyre production at European factories
  3. Another retail acquisition for Bridgestone in France
  4. GM acknowledges quality at three Bridgestone plants
13th November 2020/by Stephen

Bridgestone closing South Africa agri tyre plant this month

International News

Following consultations with workers and unions, Bridgestone South Africa (BSAF) has finalised the process to close down its tyre manufacturing plant in Port Elizabeth, Eastern Cape. The plant’s last day of operation will be 15 November. Bridgestone announced its intention to close the facility in August.

Read more

Related news:

  1. Bridgestone to close Port Elizabeth, South Africa bias agri tyre plant
  2. 10% Turnover Penalty Requested for South Africa Tyre Cartel Participants
  3. Bridgestone at Reifen Essen show 2016
  4. Bridgestone looking to increase capacity in South Africa
4th November 2020/by Stephen

French government willing to invest in Bridgestone Bethune rescue

Company News, International News
Bridgestone

The French government is willing to partner with Bridgestone to save to the Bethune tyre factory the Japanese tyre manufacturer is planning to close.

Read more

Related news:

  1. Bridgestone confirms Béthune plant closure
  2. Bridgestone temporarily closes, slows tyre production at European factories
  3. Bridgestone buys yet another French tyre retailer
  4. France: Michelin, unions agree on support programme for redundant employees
19th October 2020/by Chris
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