OPELIKA, Ala. -- Up to 40 percent of the work force at the Michelin/BFGoodrich tire factory in Opelika could be laid off by October this year, putting 540 people out of work.
The Opelika-Auburn News reports company officials told employees yesterday about the cuts, which were attributed to a shrinking but competitive tire market. The factory employs a total of 1,356 people. The plant was established according to Michelin in 1963
The newspaper reported today that some jobs will be eliminated through retirements and attrition. However, most cuts will require layoffs. The company already plans to cut costs by closing its factory in Ontario, Canada on July 22nd.
Opelika Mayor Gary Fuller(overseas at the moment) said through a statement that he has been in contact with Fred Blackwell of Michelin/B.F. Goodrich and issued the following response to the projected lay-offs:
In an interesting note from the Michelin Web site, a press release was issued today says its Queretaro plant in Mexico is going to upgrade its production capacity to produce Michelin-brand passenger and light truck tires for the first time in Mexico.
Jim Micali, chairman and president of Michelin North America says the following: