Goodyear to shut Philippsburg tyre plant in Germany
Goodyear Dunlop Tires Germany has released a statement regarding the planned closure of its tyre factory in Philippsburg, northwest of Stuttgart. The closure will occur as part of the tyre maker’s efforts to reduce overcapacity for low-margin products. A timetable for winding-down production in Philippsburg has not yet been made public, and the plant’s closure will follow negotiations with employee unions. Some 890 jobs are expected to be lost.
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- Written by Maksim
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- 28.10.2016
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