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Tire Maker Michelin to Close Plant in Central Mexico, Newspaper Reports
- Michelin has revealed plans to shut down its tire manufacturing facility located in the state of Querétaro before the close of 2025, impacting 480 employees.
- The closure results from changes in the global tire market requiring larger tires and the plant's obsolete infrastructure unsuitable for these products.
- Michelin plans to merge Querétaro operations with its more modern León facility in Guanajuato while maintaining its Shared Services Center in Querétaro.
- Michelin will provide full severance, job training support, and compensation to impacted workers, calling the decision a “last resort.”
- The company affirmed it will continue operating in Mexico and support the local community through a financial fund for sustainable activities.
29 Articles
29 Articles
Michelin to close Querétaro plant by year’s end
French multinational tire manufacturer Michelin announced it will close a plant in the state of Querétaro by the end of the year, but will not be leaving Mexico. The tire-maker described its move as “a last resort,” explaining that changes in the passenger car and light truck tire market forced the decision on the company. Michelin spokespersons and Economy Minister Marcelo Ebrard both stressed that the closure of the Querétaro plant is by no me…
The well-known French tyre factory Michelin reported the definitive closure of its installation in Querétaro.The decision is due to changes in the market for passenger car tires and light vans.In view of the uncertainty generated by the company's decision, Economy Secretary Marcelo Ebrard denied that the closure of the facility means that the company will withdraw from the country; he clarified that it is a merger with the factory located in Leó…
Michelin Querétaro Closure: Job Losses & Impact - Archyworldys
Michelin too Close Querétaro Plant, Impacting hundreds of Jobs Michelin, the French tire manufacturer, announced it will shutter its production facility in… The post Michelin Querétaro Closure: Job Losses & Impact appeared first on Archyworldys.
The closure of Michelin in Querétaro represents the dismissal of 480 employees and an alleged blow to the Mexican automotive industry, however, the Secretary of Economy clarified this speculation On 9 June, the French company Michelin announced the closure of its tyre production plant in Querétaro by the end of 2025. “The Querétaro plant currently produces less than 0.5 million tires of the brand BFGoodrich a year for passenger cars and light tr…
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