Anyone that does not think the plant in Gadsden is not going to be closed is simply not informed. Recent comments from the CEO during an earnings call indicated that a massive restructure in the company is underway and an effort to reduce “low value/high cost” capacity will be also be completed. “Low value/high cost” is an accurate description of the Gadsden plant.
There are also reasons to suggest that other Goodyear plants in North CArolina and Oklahoma will NOT be closed. North Carolina’s plant recently received a $260 million infusion and Oklahoma’s plant vastly outproduces the Gadsden plant and is NON-UNION.
All of this information points to an idle Gadsden plant or outright closure—either way, all jobs will be lost. Only contractual obligations stand in the way right now and those will be over in 2022.