1,700 Layoffs Possible as Goodyear Eyes Closing N.C. Factory
The move would end more than 55 years of manufacturing and eliminate more than 2,000 jobs, the company said.
- On Tuesday, Goodyear Tire & Rubber Co confirmed discussions to close its Fayetteville, North Carolina plant by the end of 2027, eliminating 1,700 jobs at the 2.2 million-square-foot facility on Ramsey Street.
- The company reported a $249 million net loss this quarter, prompting CEO Mark Stewart to describe a "challenging environment" as Goodyear adapts to rapid industry changes.
- Taxpayers invested an estimated $41 million in incentives over two decades at the facility, which opened in 1969 as Kelly-Springfield Tire Co and anchored Cumberland County's economy.
- Fayetteville Mayor Mitch Colvin called the news "concerning," saying the city will work with community colleges to retrain workers before the 2027 closure.
- Beyond North Carolina, Goodyear is closing plants in Ohio, Virginia, France, and Germany, calling this "difficult action" necessary to strengthen long-term competitiveness and business health.
15 Articles
15 Articles
The Avery Journal-Times
Goodyear, union pressing forward to close Fayetteville plant
(The Center Square) – Goodyear Tire & Rubber Company, headquartered in Ohio, is in conversation with the United Steelworkers union to close its North Carolina plant in Fayetteville next year.
Goodyear may close Fayetteville plant, putting 1,700 jobs at risk
Goodyear Tire & Rubber, one of Cumberland County’s largest employers, could shut its doors by the end of next year, according to a statement from the company. The closure would leave 1,700 people without a job. Spokesperson Kylie Ulanski released the following statement from the company: “After extensive efforts to make the Fayetteville, North Carolina facility competitive, Goodyear is in discussions with the United Steelworkers to close the fac…
Goodyear, union pressing forward to close Fayetteville, NC plant
Goodyear Tire & Rubber Company, headquartered in Ohio, is in conversation with the United Steelworkers union to close its North Carolina plant in Fayetteville next year. The job loss will be about 1,700. Incentive packages funneled to the facility in the last 20 years are valued at an estimated $41 million, with another $40 million...
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