Goodyear plant in Fayetteville closing, 1,700 jobs lost

Goodyear plant in Fayetteville closing, 1,700 jobs lost

WRAL business

Key Points:

  • The Goodyear tire plant in Fayetteville, North Carolina, will close by the end of 2027, resulting in the loss of 1,700 jobs.
  • Goodyear cited the need to remain competitive in the evolving market and maintain the long-term health of the business as reasons for the closure.
  • Fayetteville Mayor Mitch Colvin acknowledged the plant as a major community employer and expressed concern over the impact of the closure.
  • The city plans to collaborate with community colleges and workforce development agencies to retrain affected workers and help them find new employment before the plant shuts down.
  • Goodyear is currently in discussions with the United Steelworkers union regarding the closure of the facility.

Trending Business

Trending Technology

Trending Health