FRANKFURT (dpa-AFX) – The French tire manufacturer Michelin (Michelin (Compagnie Générale d Etablissements Michelin SCPA)) is reacting with a far-reaching Job cuts to rising production costs and competition from low-wage countries. The company will gradually stop production at the Karlsruhe and Trier locations as well as the production of new truck tires and semi-finished products in Homburg, Saarland, by the end of 2025. The company announced this on Tuesday in Frankfurt. A total of 1,410 employees in Germany are affected. Michelin is also relocating its customer center from Karlsruhe to Poland. This affects another 122 employees.
Michelin cited the import of cheap truck tires from low-wage countries and rising production costs as the reason for the job cuts, which put the company under pressure, caused market shares to dwindle and reduced competitiveness. Michelin’s largest European production site for the retreading of truck tires in Homburg and the car tire factory in Bad Kreuznach are not affected, the company emphasized. Production at these locations will continue.
“The commitment of our employees, the internal progress and the investments made in recent years in the affected activities can no longer compensate for the strong competitive pressure,” said Maria Röttger, President of Michelin’s Northern Europe region. The company said it wanted to support the affected employees in new career paths. Discussions were underway with the works councils and the IG BCE union about alternatives for the future use of the affected locations.
The US company Goodyear (Goodyear TireRubber) recently announced that it would stop tire production in Fürstenwalde and close its factory in Fulda. This affects around 1,800 jobs./als/DP/mis
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