News from Notch Consulting, Inc.

March 4, 2013

Bridgestone shutting Italian tire plant

Filed under: General, Tires — Notch @ 4:10 pm

Bridgestone Europe NV/SA (Brussels, Belgium) today announced its decision to close down its passenger car tire production facility in Modugno (Bari), Italy. The plant is fully owned by Bridgestone Italia S.p.A., a 100% subsidiary of BSEU. The Bari Plant is one of 8 Bridgestone tire plants in Europe. The other tire production facilities are located in Spain, France, Poland and Hungary.

The Bari plant has 21,000 u/d of capacity for passenger tires and the shut down is expected to be completed in 1H 2014.

War of words over French tire plant

Filed under: General, Tires — Notch @ 3:43 pm

NPR has the latest on an escalating war of words between Maurice Taylor, CEO of Illinois-based Titan tire company, and Arnaud Montebourg, France’s industrial renewal minister after a letter from Taylor leaked to the media.

Taylor wrote that he was no longer thinking about buying an ailing Goodyear tire plant in northern France, saying it would be stupid to buy a facility where workers were paid for seven hours but toiled for only three, spending the rest of the time on lunch and coffee breaks. He also told the minister what he thought about French workers when he visited the plant.

Here’s the whole story: U.S. Boss Offers Blunt Critique; French Workers Give Fiery Response

Goodyear announced in January that it would shut down the plant.

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