--- title: "Goodyear to close NC plant as tariffs, war bite" type: "News" locale: "en" url: "https://longbridge.com/en/news/286622710.md" description: "Goodyear will close its Fayetteville, NC plant, resulting in 1,700 job losses due to rising costs from tariffs and the Iran war. The company reported a $249 million loss in Q1, with inflation and tariffs expected to create $420 million in annual challenges. However, U.S. manufacturing output increased by 0.6% in April, supported by strong motor vehicle production." datetime: "2026-05-15T22:59:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286622710.md) - [en](https://longbridge.com/en/news/286622710.md) - [zh-HK](https://longbridge.com/zh-HK/news/286622710.md) --- # Goodyear to close NC plant as tariffs, war bite Major plant closure: Goodyear will close its Fayetteville, NC, plant, eliminating 1,700 jobs due to rising costs from tariffs and the Iran war. Economic headwinds: The company reported a $249 million loss in Q1, with inflation and tariffs projected to cause $420 million in annual headwinds. Sector resilience: Despite such setbacks, U.S. manufacturing output rose 0.6% in April, driven by strong motor vehicle production. ### Related Stocks - [GT.US](https://longbridge.com/en/quote/GT.US.md) ## Related News & Research - [Trump’s Iran standoff and tariffs hit US manufacturing hard](https://longbridge.com/en/news/286640478.md) - [14:53 ETLegendary Racecar Driver, Kurt Busch to Compete in the HSR 2026 NASCAR Classic presented by Goodyear at Le Mans](https://longbridge.com/en/news/286955280.md) - [North Carolina launches statewide push to boost housing supply](https://longbridge.com/en/news/286973315.md) - [Toll Brothers Announces Everstead, A New Luxury Townhome Community Coming Soon to Cary, North Carolina | TOL Stock News](https://longbridge.com/en/news/286589825.md) - [10:03 ETINTERNATIONAL CONSTRUCTION CONSULTANCY ACQUIRES RGD PROJECT MANAGEMENT, EXPANDS ADVANCED TECHNOLOGIES DIVISION](https://longbridge.com/en/news/286579248.md)