According to reports, Michelin North America recently announced that it will cut nearly one hundred Tuscaloosa in Alabama to respond to the decline in market demand.
Michelin recently issued a statement saying that the company will abolish 95 to 96 employees at the Tuscaloosa plant in order to adjust its production and inventory according to the current market demand. A detailed plan for this layoff has not yet been finalized and Michelin stated that it will continue to monitor the tire market and respond accordingly.
The Tuscaloosa plant specializes in the production of BF Goodrich tires, which include tires for passenger cars and trucks . Mark Williams from the United States Steel Workers Union (USW) said that the layoffs were forced by the growing competitiveness of companies such as Hankook and Yokohama tires.
Prior to Belcherchie, he had a factory in Opelika, Alabama. However, due to the declining demand for tires for passenger cars, the factory was forced to close in October 2009.
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